Prices Of Cotton And Cotton Yarn In India Have Stopped. Domestic And International Demand Has Begun To Recover.
At present, the quotation of India's cotton yarn export to China has begun to rebound, and the domestic cotton yarn price will also be supported.
In the long run, the import of cotton and cotton yarn in Bangladesh and Pakistan will also provide support for the price of cotton yarn in India.
At the same time, Pakistan cotton yarn prices have been followed for nearly a week.
Cotton price
Down, 20 combed yarn fell 1.1%.
Affected by the fall in import price of India yarn, Pakistan combed yarn decreased more, and 80 combed down 10%.
At present, the supply of new cotton in India has increased and demand has begun to expand. Dachang plans to replenish long-term inventory.
Cotton prices fell sharply in India in October, and began to stabilise in the past two weeks, but still much higher than they did a year ago.
However, India cotton.
Exit
Quotations are larger than other varieties.
As domestic cotton prices are low, profits of India cotton mill are expected to improve.
In China, the price of 32 pure cotton yarn in India dropped 16 cents in one month, and dropped 7 cents and 6 cents with Vietnamese Vietnamese yarn and Indonesian yarn.
Because of the uncertain market prospect,
Yarn price
There may still be weakness. At present, domestic buyers do not intend to purchase large quantities.
In addition, the increase in the start-up rate of Pakistan cotton mill also brings pressure to the yarn price.
Previously, energy shortages and inadequate supply of cotton have restricted the production of cotton mills. With the advent of new cotton, the problem has disappeared.
However, with the revival of China's import demand, the export price of Pakistan yarn has dropped.
At present, the export of Pakistan to Hongkong and Korea is still very low.
The price of blended yarn has not changed, and the price of chemical fiber has remained stable under the support of seasonal demand.
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In the year of 2016/17, the export volume of the United States cotton exported 30 thousand and 500 tons, an increase of 6% over the previous week, an increase of 1% over the previous four weeks, mainly to Vietnam, China (4672 tons), Mexico, Indonesia and Taiwan, China.
In the year of 2017/18, the US cotton export volume was 3538 tons, and the main buyers were South Korea, Mexico, Taiwan and Japan.
In October 28, 2016, -11 week 3, a week, 2016/17 signed 2948 tons of Pima cotton export contract, a big increase over the previous week, but increased to 94% from the previous week. The main buyers are India, China (589 tons) and Egypt.
In the year of 2016/17, 3719 tons of Pima cotton export volume increased significantly compared with the previous week, but significantly increased compared with the average value of the previous four weeks, mainly shipped to India, China (204 tons), Thailand and Turkey.
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