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Indian cotton export prices continue to soar Textile information - Textile net - Textile integrated service provider

by:Chengyi     2020-07-13
On January 18 24 week, Indian cotton export price increases again, this is related to international cotton prices. Yet, by contrast, India's domestic cotton prices, even most of the cotton yarn production states prices are falling. According to statistics, over the past seven days, cotton prices continue to rise, the international market of India gained 30 s pure cotton combed yarn price 3. 1% to 3. $35 / kg, up by 8% over the past four weeks, soon to be April 2017 peak. Cotton prices boost, China cotton import prices are also rising, India to China 3 - cotton export prices have climbed 4 cents per kilogram, up 7 - over the past month 8 cents per kg; China's import price for Pakistan yarn up 2 - 3 cents per kg, gained in the past one month 6 cents per kg or so. According to understand, gujarat and maharashtra of pest attacks seriously affect the production of cotton in India, according to the Indian government official forecast, the cotton output in this year's state of maharashtra will be 37% less than expected in August to 6 million bales, ( 170 kg/bag) 。 Due to this year's cotton supply in Bangladesh and Pakistan continued shortage, India's exporters yarn cotton prices can be passed on to customers, especially the European market customers.
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