India's cotton yarn export prices plummeted

Indian cotton yarn domestic prices have stabilized, export prices have continued to decline, and cotton prices have continued to fall. With the recovery of domestic textile and apparel production, Indian cotton yarn prices have gradually stabilized. However, the price of imported yarn from China fell by 7 cents/kg in a single week, and the export quotation of Indian cotton yarn dropped sharply, and 30 carded yarns fell to US$2.3/kg.　　Indian cotton prices continued to decline, and the decline was smaller than in previous weeks. The S-6 fell 1.4% in a week. As CCI sells its inventory at a low price, the price of Indian cotton will fall across the board in the future. At present, Indian cotton prices are much lower than the international market, but domestic cotton prices are rising. As traffic is still interrupted, many cotton export orders have been cancelled, and export sales are very limited. Article keywords: 　Indian cotton yarn cotton chemical fiber cotton price overseas textile