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Indian mills to raise cotton yarn exports to reduce the loss of profit - quotation Textile information - Textile net - Textile integrated service provider
In the latest week, cotton prices recover from India, mills in recent weeks the cotton prices driven began raising price to reduce loss of profit. India has cotton prices is India cotton company acquisitions and cotton exports increase. ICE period cotton rose to keep India cotton prices advantages, S - 6 the price nearly risen around 4. 1%. Indian mills again face a collapse in export demand and raw material prices, therefore mills suddenly raise cotton yarn exports offer in order to reduce loss of profit. The Indian domestic cotton yarn and blended yarn prices have risen. This year India's cotton output rose, exports rebound, then import demand is increasing, high-grade cotton supply or couldn't keep up with, especially in southern textile mills. The Indian cotton exports fell 42% in the past ten years, imports rose by 356%.