In the week of August 1-9, Indian cotton prices rebounded slightly, and cotton yarn export prices fell. According to statistics, the price of S-6 cotton rose by 200 rupees/kandi to 42,400 rupees/kandy last week, but it was still down 1.4% from the past four weeks and 10.55% from the same period last year; the export price of cotton yarn fell slightly, with the price of C30S falling slightly. It fell 5 cents to 2.9 cents/pound, down 6.45% from the same period last year.
As polyester prices rebounded, polyester-cotton yarn prices rose slightly, with the price of T65/C3530S rising slightly by 3 cents/pound to 2.7 cents/pound, down 1.82% from the same period last year.
Although India’s overall cotton yarn export price has been reduced, the export price to China has increased slightly by about 0.35 cents/pound, which is higher than the average level in the past four weeks. At the same time, Pakistan’s cotton yarn export prices to China have also increased. The export price of Indian cotton yarn to China rose slightly
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