Rising cotton prices force Indian yarn mills to switch to blending

Due to sluggish downstream demand after the surge in cotton prices, Indian yarn mills are switching products from 100% pure cotton to polyester-cotton and viscose-cotton blends to ensure operating profits and avoid production cuts.

A well-known Indian textile company stated that Indian textile production is currently shifting from pure cotton to blended textiles, with the proportion of cotton used declining while the proportion of chemical fiber and viscose used increasing.

India’s cotton production has dropped significantly this year, and domestic cotton supply is extremely tight. There are currently about 40 textile factories in India, and a factory with 100,000 spindles requires about 80 tons of cotton. Rising cotton prices will prompt factories to shift production to blended yarns. Currently, the demand and profits for blended yarns in India are good.

According to industry insiders in India, demand for Indian blended fabrics (polyester-cotton, viscose cotton) is increasing at home and abroad because of its cheap price and high value-added products, while pure cotton fabric has dropped to the second level of demand due to its high price. .

A well-known textile manufacturing company in India stated that the current demand for polyester-cotton and viscose-cotton fabrics is very good. Viscose and modal are smooth and soft, and are very suitable for blending with cotton.

Data shows that in fiscal year 2016, India’s export volume of viscose staple fiber clothing reached 230 tons/day, a year-on-year increase of 17%. The United States is the largest buyer of this type of products, accounting for 23%. Other buyers include the United Kingdom and the United Arab Emirates. , Spain, Germany, Netherlands, France.

Market participants said that as the demand for viscose increases, its price has also begun to rise, but it is far less than the increase in cotton prices, making it very attractive to textile mills. Rising cotton prices force Indian yarn mills to switch to blending

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