Indian flower yarn prices soared

In the past week, although the market expects that the price of Indian cotton yarn will quickly pull back, the price of Indian cotton yarn continues to rise, with a cumulative increase of 5-6% in the past four weeks and a cumulative increase of 15-17% in the past three months.　　 After a large number of textile factories have replenished their inventory, the current demand for cotton yarn in India has begun to decline. The second wave of the EU epidemic is expected to make India's clothing exports lower than expected.　　As the price of Indian cotton has risen above the average price in the international market, the export of Indian cotton and cotton yarn may slow down. In the past week, with the increase in the number of new cottons on the market, the price of Indian cotton has begun to fall slightly, but the large-scale acquisition of CCI will limit the price drop.　　 It is reported that India’s recently promulgated law will privatize cotton purchases in major regions and trigger large-scale protests by cotton farmers. Therefore, the government will take measures to restrain cotton prices from maintaining stability.　　 After the price of cotton yarn rose sharply and the increase exceeded that of cotton, the profit of Indian yarn mills began to recover in the past two months, and the organic cotton yarn continued to rise due to the decline in supply. Article keywords: 　India cotton yarn cotton yarn prices overseas textiles