India Spinning Enterprises Increase Yarn Price Three Times A Month

20s

In October 20, 2010, the textile mill raised the yarn of all yarn, and in October 26th increased the price of all yarn by 7 rupees.

In fact, in October alone, the price of all yarn branches had been raised three times, with an increase of 7 rupees per kilogram each time.

A Sakthivel, President of India's Rupp Exporters Association (TEA), said the textile industry was shocked by the fact that the price of all the yarn was increased by 7 rupees / kg in November 1st, and cotton prices have just begun to decline.

For example, the price of 40s Combed Knitting yarn was 185 rupees / kg in June 2010, and now it is 225 rupees / kg.

In just 4 months, the price rose by 40 rupees / kg.

Similarly, the price of 30s yarn has risen from 171 rupees / kg in June to the current 211 rupees / kg.

Cotton prices fell by about 2000 rupees / candy last week. In fact, there is no logical basis for raising yarn prices today.

He said yarn prices rose by 7 rupees / kg in October 26, 2010, and the shortage of yarn supply is mainly due to hoarding and raising yarn prices.

At present, the price of yarn is increasing, and the form is very severe.