India And Pakistan Cotton Yarn Prices Rise, Downstream Businesses Do Not 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.

With the reduction of cotton consumption in various countries, cotton prices may stop rising.

Last week, cotton prices continued to rise in India, and then began to stabilize. Cotton mills increased the price of cotton yarn to offset the loss of profits, but downstream companies might refuse to increase the price of cotton yarn.

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 rising price of raw materials 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, driven by the fall of rupee, which stimulated the cotton consumption in the country, but the export price of cotton yarn did not rise. At this stage, the price of cotton yarn is not acceptable in the international market.

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.

In terms of chemical fiber products, prices of all kinds of products have not changed, indicating that market pactions are very inactive this year.

The price of viscose will probably drop after China's shorter production.