Indian cotton yarn prices fell slightly

In the past week, the prices of Indian cotton yarn and polyester-cotton yarn fell slightly, and the price trend was consistent with that of raw materials. The Indian government intends to strongly support cotton prices in the new year, which is not good for domestic yarn companies.　　 At present, India's yarn prices have further stabilized, and the trend of polyester-cotton yarns has become weaker. Cotton yarn and polyester-cotton yarn fell by 0.5% and 0.6% respectively. At the same time, cotton and chemical fiber prices have fallen, so it is not surprising that yarn prices have fallen.　　The analysis believes that the large number of Indian cotton that will be launched in the new year will put more pressure on domestic cotton prices. S-6 has seen rapid decline in recent days. However, after the start of the new year on October 1, the government's protection of prices will play a role, so spinning mills will once again fall into the dilemma of rising domestic prices, rising raw material costs and falling international prices. It is understood that the continuous decline in operating profits has led to the closure of a large number of yarn production capacity.　　 In addition, India's cotton imports have soared, and U.S. cotton has become popular in India after losing China. Polyester staple fiber prices may also be supported by rising cotton prices, prompting textile and apparel manufacturers to switch to cheaper products. Sales of recycled fibers may increase significantly in the next few months. Article Keywords: 　India Cotton Yarn Polyester Cotton Yarn Yarn Cotton Chemical Fiber Polyester Staple Price Overseas Textile