India Textile Department Will Draw Up New Textile Policy By The End Of July

< p > > a href= "http://? www.91se91.com/news/index_c.asp" > India < /a > textile minister Santosh Gangwar said that India textile department will finally formulate new textile policy in July this year.

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< p > at present, India officials are discussing the details of the textile policy, and the draft will be ready for 15~20 days.

The new textile policy is expected to include a vision statement on increasing India's share in the global market in the next 10 years.

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< p > this < a href= "http:// www.91se91.com/news/index_c.asp" > policy < /a > will cater for the needs of mechanization and modernization of India's textile industry.

Under the new policy, the Ministry of textiles of India will formulate a stable policy for the development of fiber and raw materials, thereby promoting the development of the entire textile value chain.

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< p > the new policy will also consider the proficiency of India's textile industry < a href= "http:// www.91se91.com/news/index_c.asp" > labor force < /a > adequacy, carry out labor law reform, increase investment in the textile industry and formulate the future development route of the textile and garment industry.

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< p > the new policy will also put forward proposals for developing skilled labor to help India textile industry create first-class textile parks, develop infrastructure and promote modernization, and assess credit demand in the textile industry.

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< p > recently, pure cotton yarn has not taken a big volume as a whole, and manufacturers are worried about it. Some large enterprises are selling products in a low price.

Affected by this, some enterprises lowered the price of regular varieties of pure cotton yarn, while some manufacturers insisted on the original offer, but the actual business negotiation space increased.

High count yarn is slow, orders are not in good condition, and some regional varieties offer slightly lower.

At present, pure cotton yarn manufacturers are more aggressive in the price of goods, and the profits are very limited. Some enterprises in Hebei, Shandong and Henan have feedback. In July 13th, the Hebei high C32S price quoted was 25000-25500 yuan / ton; Shandong high matching C32S quoted 25000-25600 yuan / ton; Zhengzhou Zhengzhou compact spinning (fine cotton) JC50S reported 33000 yuan / ton.

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< p > the price of imported yarn is stabilized. Because of the high cost of Cotton Yarn Import and export in India and other places, traders have a small profit and two sales are not good.

According to Qingdao port cotton merchants, as of July 14th, the price of imported C21 A-class ports was 23000-23200 yuan / tonne, unchanged from last week.

The price of cotton yarn at home and abroad is 950 yuan / ton, which is basically the same as last week. The profits of traders are still small, and the supply is still relatively small. The cost of domestic yarn has declined, which makes cloth factories less demanding for imported yarn.

Up to now, it is estimated that China's main port yarn imports remain at 6.5-6.8 million tons, mainly in India, Pakistan and other countries in West Africa and Central Asia.

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< p > industry analysis, cotton target price rules are unclear, but cotton spot price reduction stimulates the paction, the cloth factory production profit is weak. Therefore, the upstream and downstream of the cotton yarn industry will add downward pressure to the yarn price.

The current operating rate of textile enterprises has continued to decline. Since July, 3 and 4 of cotton yarn varieties supplied by enterprises have been halved, and the liquidity of spinning enterprises has deteriorated.

In the future, there is still a downward trend in the price of cotton yarn in China. If spinning enterprises have good liquidity, the dynamic inventory of raw materials and products will continue to be low.

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