Nearly a week cotton price fall into again - India Textile information - Textile net - Textile integrated service provider

Nearly a week, Indian cotton prices continue to fall, just stabilizing fall into again in the near future. The export market ( Especially in Pakistan) Competition is intense, the Indian cotton yarn exports remain under pressure. But India's cotton yarn exports are expected to recover early next year. In the week, India's domestic 30 combed yarn down 2 rupees, nearly fallen around 3. 5%, 30 combed yarn down 2 rupees, nearly fallen around 4. 9%. As the Indian rupee appreciating, Indian cotton exporters are facing fierce competition. Pakistan cotton yarn exports is benefited from the rupee and the great opportunities brought about by the free trade agreement between China and Pakistan. In this case the Indian cotton yarn exports will remain under pressure. Next year, as the Indian cotton yield increase ( The United States department of agriculture is expected to grow. 4%) Cotton exports will increase, imports will decline by 6. 7%, domestic cotton prices are expected to lower, enhance the competitiveness of Indian cotton yarn.