In the past few weeks, the price of cotton yarn in India has further risen due to the rebound in cotton prices and the increase in profit demand from textile companies.
According to statistics, Indian cotton prices have rebounded in the past three weeks, of which S-6 cotton prices have risen to Rs.41,700/cm. Over the past seven days, the price of Punjab 30S knitting yarn in India has risen by Rs 4 to Rs 207/kg, a 2% increase, reaching the highest level since last August. At present, the increase in yarn prices in India is higher, and the profit of spinning mills has increased.
In the international market, the price of cotton yarn in India has fallen from the recent peak, and the price of 30S pure cotton combed yarn is maintained at about 3.25 U.S. dollars per kilogram. As for China's exports, the price of cotton yarn has started to increase in China in the past few weeks due to the continuous rise in cotton prices.