Cotton yarn prices in India have increased by % in the past few months

According to statistics, in the past three months, cotton prices in India have risen sharply by 40%, and Indian cotton yarn prices have subsequently increased by 20%. Last week (July 11-17), the price of carded yarn in Ludhiana increased by 15 rupees/kg, a month-on-month increase of 8.6%, and the cotton yarn export price increased by 22 cents/kg, a month-on-month increase of 8.3%. The average price in the past four weeks The price increase is 10%. The price of combed yarn has increased by 20-30 rupees/kg, with an average price increase of 10-12% in the past four weeks.

Last week (July 11-17), cotton prices in India continued to rise until cotton prices began to fall on Wednesday (July 20).

It is understood that Pakistan’s strong demand for Indian cotton yarn this year offset the reduction in India’s cotton yarn exports to the Chinese market. As cotton yarn prices have increased in the past three months and faced fierce competition from other countries, India’s cotton yarn export sales have gradually shrunk, with exports decreasing by 8% year-on-year. Among them, India’s cotton yarn exports decreased by 10% year-on-year from April to May. Cotton yarn prices in India have risen by 20% in the past three months

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