Cotton Prices Fall Below The Minimum Supporting Price And India Will Continue To Bear Pressure.

A few days ago, the latest report released by India rating and Research Corporation (Ind-Ra) put India's cotton market outlook in 2015/16 from "negative to stable" to "negative" because of the decline in domestic yarn production, the difficulty in revival of cotton exports and the lowest support price in domestic cotton prices. Affected by these factors, cotton prices in India will continue to be under pressure in 2015/16.

The report believes that in addition to the above factors, China cotton Policy adjustment will lead to 2015/16 year. Throw store More and more cotton imports have been cut by half. In 2014, India's cotton exports to China decreased by 26.4% over the same period last year, a drop of 4.3% over the same period last year. According to the report, low international cotton prices and relatively stable rupee exchange rate will put pressure on India cotton exports in the year of 2015/16, and the increase in exports of India cotton to other countries is difficult to offset the reduction in exports to China.

In addition, 10-11 months in 2014/15, India's domestic cotton Consumption And cotton yarn production increased by only 3.6% and 2.3%, due to a significant reduction in China's imports of cotton yarn to India. The report predicts that cotton prices in India will decline over the same period in 2015/16, unless cotton yarn export demand recovers. It is understood that the price of cotton is unstable, so that the profit margins of India ginning plants and cotton exporters in 2014/15 are difficult to raise.

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In recent years, the traditional market of China Textile City has been opened since the 8th day of the first month of the Chinese lunar calendar. Up to now, the new varieties of spring and summer fabrics and interwoven fabrics with short staple yarns have been increased. The number of new and old styles of fabrics has been on the increase. The number of new and old varieties has increased locally, and the number of orders has been slightly increased.

In the recent market, the number of sticky gauze hanging samples in yarn fabrics has increased. The number of spot listings is increasing day by day. The sticky cotton gauze fabric samples in short staple yarn fabrics are still limited in listing, and spot listing is still relatively insufficient.

In the past few days, sales of T/T pure polyester gauze and cotton polyester interwoven fabric have increased slightly. Among them, pure polyester gauze has been placed on a variety of colors and orders. There are still many small and medium sized orders to undertake the business of some professional operators. Cotton and polyester interwoven fabrics have been subscribed by purchasers.

Recent market, in all kinds of yarn fabrics, YISHION cotton yarn as the main raw material of cotton brocade, although the listed varieties and spot listing volume has been postponed, but part of the scale of the operation of the retail market has gradually increased, the listed varieties are thick and thin, orders are dispersed and springing up, part of the medium and thin spring fabric began to have a small batch and many varieties of transactions, of which the production of spring leisure jacket, casual pants, starting from a small batch of more varieties of transactions. In the spring and summer, thin and thin cotton brocade fabrics were increased locally, and some of the successful varieties had begun to order small quantities and varieties.

In recent years, the traditional textile market in the textile city is made of woven and knitted short staple yarns. The spring and summer cotton brocade, viscose gauze, viscose gauze, T/T pure polyester gauze and some cotton and polyester interwoven fabrics are growing slightly earlier than before. However, as for the overall market, there are still less varieties of the hanging variety and continuous marketing is still relatively insufficient, and the overall sales volume is still relatively limited. Market operators are generally concerned about the trend of the market and look forward to a further boost in the overall market situation.