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Rising exports to China surge domestic cotton yarn prices: Ind-Ra
TIWN
Rising exports to China surge domestic cotton yarn prices: Ind-Ra
PHOTO : TIWN

New Delhi, Feb 21 (TIWN) China's demand for India's cotton has pushed domestic yarn prices higher, said India Ratings and Research.

Accordingly, domestic yarn production increased in January 2021, led by a strong export and moderate domestic demand during December 2020. "While yarn production was substantially lower on a YoY basis up to 8MFY21, exports increased by higher single digits YoY due to a healthy demand from neighbouring countries,"

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