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July double yarn export surge in Chinese imports - India Textile information - Textile net - Textile integrated service provider

by:Chengyi     2020-07-02
Business club - September 10th July this year, India yarn exports maintain strong growth for the second straight month from a year earlier, the yarn exports reached 1 during the month. 1. 8 billion kilograms, up 35% from a year earlier, value 3. 4. 5 billion dollars, up 16%, the average export price continues to fall to 2. $93 / kg, fell 3 cents, fell 47 cents. That month, the Indian rupee against the dollar was down 6%. In July, the Indian yarn exports to 89 countries and regions, China accounted for 45% of India's yarn exports, compared with the same quantity and amount for all doubled; A 2% increase in the number of Bangladesh (11%), and amount by 6%; Was third in Egypt, but decreased by 18% and 25% respectively compared to the number and amount. The above three countries account for 60% of the Indian yarn exports. According to reports, the last week of August 30 domestic yarn prices fell 5 cents, Pakistan blended yarn prices also fell. The overall look, as the textile production gradually return to season, demand for cotton is expected to recover. China blended yarn prices strong, India polyester viscose yarn and polyester/cotton yarn prices fell. At present, Asia blended yarn with cotton prices price consolidation, downstream. ltd probability and price stability. With the arrival of the production peak season in September, the textile market is expected to gradually recover.
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