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Spinning profit recovery began to increase exports to China - India Textile information - Textile net - Textile integrated service provider
On October 4th, September 27 solstice, India cotton prices fall further, cotton prices than a drop in the last few weeks than remain stable, is expected in the next few months, India's textile enterprises spinning profit will be recovered. According to statistics, India S - last week 6 cotton prices down 700 rupees/candesartan, about 1. 55 cents/lb. Over the past four weeks down about 10%. Reported that India's high cotton prices from the previous year, textile production profits continues to be compressed or even losses, and along with the listed new annual cotton, cotton raw material prices fall further, textile spinning profit for a period of time in the future is expected to return to a higher level. At present, a large number of Chinese buyers have to purchase yarn in India. So far, India cotton export prices for weeks remain strong, one of the 30 s combed cotton FOB prices slightly up to 2. $95 / kg.