Turkey Imports Thousands Of Tons Of Cotton And Half Of It Into Air Spinning.
Business news October 10th hearing from last weekend to Monday, Turkey imported thousands of tons of raw cotton, of which mainly cotton.
According to statistics, imports include 6000-7000 tons of cotton (about half of which are used for air spinning), the price is 61.75-65.75 cents / pounds, of which 2/3 cotton is imported through GSM (US cotton export guarantee). In addition, some India consignments sold in Messing harbor were sold.
The domestic Urfa Standard 1 ginning factory's delivery price is 59.50 cents / pound.
Turkey's Lila exchange rate against the US dollar has fallen sharply recently, but its exchange rate against the euro has been relatively strong. This brings double pressure to textile mills to import cotton and export textile products to European countries. (Jia Xiao)
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