Weak demand in yarn prices - India
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Now some Indian mills can resume production, but because of a shortage of labor, the probability is low.
Influenced by weak demand, yarn prices are still falling, production is expected to restart, cotton and yarn prices have further to fall.
Recent survey shows that most Indian yarn varieties 2 - prices continue to fall
Rs 3 / kg.
Fell 100% the yarn is 30 1.
1, 40 5% combed yarn fall.
Although cotton prices drop more, CCI has restart acquisition, but the purchase is small.
Because most of the crop has been finished processing and sales, weak demand for a long time will bring great pressure to cotton prices.
India's polyester staple fiber prices fell in early April, month begin to settle down, but there has been no demand.