China'S Demand Drops, Indian Cotton Yarn Export Prices Continue To Fall

In recent week, Indian cotton yarn export prices continued to fall, due to the decline in China's demand. Prior to this, Indian cotton yarn prices rose sharply driven by increased domestic and foreign demand.

During the week, Indian knitting yarn prices fell about 5 rupees per kilogram and woven yarn fell 11 rupees per kilogram. Within two weeks, knitting yarn fell 10 rupees / kg, but still far higher than the level of four weeks ago.

With the Chinese Spring Festival approaching, Indian cotton yarn export demand decreased significantly, and the price fell. FOB export quotation fell about 4 cents / kg in a single week.