International cotton prices soared push yarn charging - India
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Over the past seven days (
On May 17 -
, international cotton prices, driven by the Indian cotton prices rose, the yarn price increases across the board.
Due to the low this year India's cotton supply and demand is easy to support domestic cotton prices, and benefit from the rupee, cotton exports began to recover.
FangQi cost raise cotton, which leads to the production profits remain extremely low levels.
Over the past seven days, the S - India
6 cotton prices rose 700 rupees to 42500 rupees/candesartan, rose by 1.
Punjab 30 s pure cotton prices rose 4 r/kg, rose by 1.
9%, over the past four weeks rose 7 r/kg, rose 3.
At the same time, other yarn prices also rose, including polyester, polyester/cotton, polyester viscose etc.
Exports over the past seven days, the Indian 30 s pure cotton export prices rose 0.
9% to 3.
$38 per kilogram, over the past four weeks have climbed 13 cents per kilogram, rose by 4%.
Exports to China of the 32 s pure cotton yarn price rose 3 cents to 3.
5 $/ kg, rose by 1%.
For nearly four years, ICE period cotton prices prompted India cotton prices relatively low range, is expected in the next few days, Indian yarn prices will stabilise, or slightly lower.