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Indian spot prices to weaken it emerges a significant decline in the quality of the crop - Textile information - Textile net - Textile integrated service provider

by:Chengyi     2020-06-18
India's domestic spot price increased with the increase of cotton supply, weaker textile demand is stable. Indian cotton continues to Bangladesh, Pakistan, and China's exports. It is reported, gujarat cotton ginning mill from maharashtra state received lower level to a huge increase in the number of the crop, had a significant impact on the gujarat whole cotton quality. At present, the cotton ginning mill with a 41500 - The price of 42000 rupees/the Germany S - sales 6, lower level seed cotton is greatly discount. According to the Indian cotton association forecasts, 2018/19 of planting area is expected to reduce 12%, India is 10. 8 million hectares, the reason is that cotton bollworm in cotton farmers income, encourage farmers to switch to other crops.
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