Related Keywords: China, cotton, exports, fabrics, fibres, Imports, production, research, trade, yarn
India Ratings and Research (Fitch Group) has published the August 2019 edition of its credit news digest on India’s textile sector. The report highlights the trends in the sub-segments of the textile sector, including cotton, man-made fibres, yarns, fabric with a focus on commodity prices, imports/exports, production and recent rating actions.
Cotton prices continued to reduce in August 2019, mainly due to a fall in international prices. The agency expects the prices to fall further as global production is likely to be higher than demand growth.