According to foreign reports on August 25th, due to the tight global supply, Pakistan's import increase, and the delay in the listing of India's new cotton, India's domestic cotton spot and forward spot prices continue to be bullish. At present, the S-6 Chen cotton price is as high as 89.64-90.46 cents, two weeks ago the price was 86.92-88 cents, and the price at the end of July was only 80.13-81.22 cents.
As domestic cotton prices have risen sharply, the production costs of Indian textile downstream have increased significantly. According to data from the Indian Ministry of Commerce, the Indian cotton textile wholesale cost index rose to a record high of 210.4 in July, up 18.7% year-on-year.
Affected by this, the average export cost of Indian cotton textiles has risen. Although the unit price of cotton garments exported from India to the United States continued to fall, the landed costs of grey fabrics and home textile products continued to rise. As of June of this year, the average cost of cotton textiles exported from India to the United States reached US$1.23 per square meter, up 16.9% year-on-year.
As domestic cotton prices have risen sharply, the production costs of Indian textile downstream have increased significantly. According to data from the Indian Ministry of Commerce, the Indian cotton textile wholesale cost index rose to a record high of 210.4 in July, up 18.7% year-on-year.
Affected by this, the average export cost of Indian cotton textiles has risen. Although the unit price of cotton garments exported from India to the United States continued to fall, the landed costs of grey fabrics and home textile products continued to rise. As of June of this year, the average cost of cotton textiles exported from India to the United States reached US$1.23 per square meter, up 16.9% year-on-year.
3/4 cup bra,High Quality 3/4 cup bra,3/4 cup bra Details, Chengdu Freedombeauty Technology Co., Ltd.
Customize bra set Co., Ltd. , http://www.illicio-underwears.com