Indian cotton yarn export prices continue to rise

In the past week, Indian cotton yarn prices continued to rise, and cotton prices continued to fall under the pressure of increased new cotton listings and insufficient CCI purchases. In October, cotton yarn exports rose due to price drops.　　 Last week, the price of cotton yarn in India rose by 1.1%, and the price of cotton yarn rose by 4.6% in the past four weeks. The price of chemical fiber rose by 5.6%, and the price of polyester-cotton yarn rose by 6.7%. India's polyester and viscose yarn continued to fall due to the fall in viscose prices.　　 Last week, the export price of Indian cotton yarn continued to rise, with 30 combed yarns rising 8 cents/kg, or 3%, and a cumulative increase of 8% in the past three months. With the decline in Indian cotton prices, demand for Indian cotton yarn exports has improved in recent weeks.　　 At present, the CCI acquisition in India has failed to increase the price of seed cotton above the MSP. The insufficient purchase volume is due to insufficient CCI funds, which has caused the price to continue to fall in recent weeks.　　In October, India’s cotton yarn exports fell sharply year-on-year, but increased from 67 million kg in September to 80 million kg. Article Keywords: 　India Cotton Yarn Cotton Export Cotton Price Overseas Textile