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With over 19 years of experience in the yarn and textile industry.

India's cotton yarn exports are expected to resume

by:Chengyi     2021-03-15
In the past week, India’s cotton yarn prices stopped rising, blended yarn prices even dropped, cotton and chemical fiber prices rose, and yarn mills’ profits were compressed again.  In the past two months, the profits of Indian yarn mills have recovered due to the rebound in cotton yarn prices and the fall in cotton prices. However, as domestic cotton prices have stabilized and rebounded, prices have risen in recent weeks. The price of S-6 has risen by 1% within a week, and the CCI acquisition has played a role.   At the same time, Indian cotton yarn export prices also support domestic cotton prices. It is expected that cotton yarn exports will recover in 2020. Import demand is expected to increase after the Chinese New Year, and the first phase of the Sino-US economic and trade agreement is about to be signed, when India's cotton yarn export demand is expected to resume. Article Keywords:  India Cotton Yarn Cotton Export Cotton Price Overseas Textile
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