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Indian cotton prices worse - exports to China Textile information - Textile net - Textile integrated service provider

by:Chengyi     2020-07-02
In the latest week, India cotton prices continue to rise, cotton prices are still falling, poor quality of the crop to force positive imported cotton, cotton mill cotton exporter is in a dilemma. Falling for a few months later, the Indian cotton prices have risen for three weeks, the latest week domestic cotton prices rose 1%, rose 3 for nearly three weeks. 4%. Cotton prices continue to fall, cotton prices, cotton mill profits began to improve. This year India's poor quality of the crop, CCI has also refused to buy exceeds bid the crop, cotton prices fell below the MSP. India cotton export price began to fall, but due to the loading period, there is no guarantee that China does not like cotton in India. Indian yarn exports to China also are a problem at the same time, the recent yarn prices make things worse. Pakistan and China free trade agreement for Indian cotton yarn almost no competitiveness.
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