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The substantial depreciation of the rupee cotton export prices - India Textile information - Textile net - Textile integrated service provider

by:Chengyi     2020-06-24
Over the past seven days, India's domestic comprehensive yarn prices, consistent with the trend of cotton prices. The substantial depreciation of the rupee will boost exports, thereby supporting domestic cotton and yarn prices. According to statistics, over the past seven days, India's punjab province, 30 s pure cotton combed yarn prices rose 2 rupees to 228 rupees ($/ kg, rose by nearly 1%. 30 s polyester yarn prices gained 5 r/kg, or 3. 5%, up 11 over the past four weeks. 4%. 30 s viscose yarn price rose 3 rupees, or 1. 6%. Exports, with the substantial depreciation of the rupee, Indian cotton export prices have dropped sharply from their recent highs. 30 s pure cotton combed yarn prices over the past four weeks down 33 cents per kilogram, fell by 9. 3%, exports to China of the 32 s pure cotton yarn prices over the past four weeks down 9 cents per kilogram, fell by 3. 03%. Recently, India cotton prices remain strong, although the crop began arriving in gujarat, but due to the relatively low inventories, and the substantial depreciation of rupee continue, cotton and cotton yarn exports will get good, tight domestic supply of posture, is bound to yarn price.
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