Related Keywords: Chinese demand, Chinese policy on import, cotton and cotton yarn, domestic demand, export to other counrtires, increase in stock availability, Indian textile industry, powerloom weavers, Southern India Mills
With a drop in Chinese demand for cotton and cotton yarn during this financial year, stocks available in the domestic market of India have increased. Though the domestic demand continues to be good for yarn and export to other countries is on, there is a fall in prices because of the increase in stock availability.
According to the industry sources, this trend too depends on the variety of cotton yarn. Export demand for cotton and cotton yarn is expected to revive soon as the Chinese policy on import of cotton and cotton yarn will be clear in a month.
