India And Pakistan Cotton Yarn Prices Rise, Downstream Businesses Refused To Buy It.

In the past week, the price of cotton yarn in India and Pakistan has increased, and the price of Chinese cotton yarn has been stable.

As cotton consumption decreases, cotton prices will probably stop rising.

Last week, cotton prices continued to rise in India, and then began to stabilize. Cotton mills increased cotton yarn quotations to offset profit losses, but downstream companies might refuse to raise prices for cotton yarns.

India's export price of cotton yarn has also been affected by the acceleration of the rupee rebound, but buyers are reluctant to accept the rise in raw material prices at this stage.

Pakistan cotton prices have not changed, but cotton yarn prices continue to rise, which is related to the domestic downstream demand.

Home textile exports rose at the end of last year, which led to the growth of the rupee fall, stimulating the consumption of cotton yarn in the country, but the export price of cotton yarn did not rise. At this stage, the price of cotton yarn was not accepted internationally.

Cotton prices continue to rise slowly in China, but cotton prices remain unchanged, seasonal demand is increasing and cotton yarn production is increasing. Market participants continue to wait for the conclusion of the Sino US trade talks as soon as possible, and then decide whether to increase replenishment.

Prices of chemical fiber products have not changed, indicating that this year's pactions are very inactive.

After the production of viscose staple fiber in China is reduced, the price will probably drop.