Cotton Prices Skyrocketed To Force India Plants To Become Blended.

Although cotton prices have dropped somewhat in recent weeks, cotton yarn prices continue to rise, and the quoted prices continue to rise, consistent with the overall trend of the international market.

In recent weeks, India's 30 yarn has risen 5.3%.

The shortage of cotton in India will not disappear for a short period of time, and will remain unchanged until November.

After the harvest of new cotton in Pakistan, right.

Import demand may be reduced.

In the long run, Pakistan's cotton production can not meet domestic demand, and the demand for India cotton will remain strong next year, so India's cotton prices will remain strong.

At present, the profits of India's cotton mill are declining, and export competitiveness is declining. The price of 30 FOB of combed yarn has risen to 3 US dollars / kg, and has risen by 30 cents in four weeks.

The CNF price of China's imported India yarn is 2.93 US dollars / kg, which aims to compete with Vietnamese yarn or the price has risen by 14.7% around four weeks.

A well-known textile company in India said that India's textile production is now shifting from pure cotton to blending, with the proportion of cotton decreasing and the proportion of chemical fiber and viscose increasing.

Cotton production in India has dropped sharply this year, and domestic cotton supply is particularly tight.

There are about 40 textile factories in India, and about 100 thousand tons of factories need to use cotton about 80 tons. The rise in cotton prices will lead to the shift of factory production to blending. The market demand and profits of India blended yarn are good.

India insiders say India

Domestic and foreign demand for polyester cotton and viscose cotton is increasing because of low price and high added value products, while pure cotton grey cloth is reduced to the second gear because of the high price.

A well-known textile manufacturer in India said that the demand for polyester cotton and sticky cotton fabrics is very good. Viscose and modal are smooth and soft, and are very suitable for blending with cotton.

Data show India in fiscal year 2016

The volume of exports reached 230 tons / day, an increase of 17% over the same period last year. The United States is the largest buyer of such products, accounting for 23%. Other buyers include the United Kingdom, the United Arab Emirates, Spain, Germany, Holland and France.

Market participants said that as the demand for viscose increased, its prices began to rise, but far less than the increase in cotton prices, so it has strong attraction for textile mills.

The cotton throwing and storing time is prolonged, and the short time has a restraining effect on the cotton price rise, and also ensures the cotton consumption of spinning enterprises.

However, affected by the tight supply of the market, cotton prices will remain strong and continue to rise.

At the same time, with the rising cotton prices and benign price of yarn, the price of cotton yarn has been rising steadily in recent years. Of course, the price of cotton yarn will not rise.

At present, the price of spinning enterprises has been raised continuously, and the profit has been improved. Although the downstream part has gradually digested part of the increase, the speed is far less than the upstream price rise, so the upstream and downstream contradictions are still intensifying.