Indian cotton out - high cost for Chinese exports Textile information - Textile net - Textile integrated service provider

On October 12 - 18 week, affected by the Indian diwali, Indian cotton prices remain the same, is expected in the coming weeks as cotton prices, cotton prices will be cut accordingly. Learned, affected by the cotton yarn prices, Indian cotton yarn exports, now more buyers waiting for cotton prices down further. At the same time, the market worried about CCI reserve price or a certain support for cotton, so for India FangQi, cotton yarn production cost is still high. According to statistics, at present India cotton cotton prices fell to nearly five years the average level, but still higher than in January 2015. According to the latest volume, according to India's cotton yarn exports fell in July 6. 07%, exports to the Bangladesh, China, for export surge in Pakistan, Egypt, Turkey. 4 - 23 July India's cotton yarn exports fell. 87%, with exports to China sharply reduced compared to 55. 59% market share, 32 from the same period in 2016. 29% to 18. 84%, is expected in the coming months India has slight rebound on the export of Chinese cotton yarn or possible.