The cotton yarn prices have moved in line with the cotton prices, during the period. Further, China is importing more cotton and less yarn from India given the duty differential between the two.
Browsing: CAB
In line with the cotton prices, the cotton yarn prices have also witnessed sluggishness during the period.
The Cotton Advisory Board CAB has estimated cotton production for this season (October 2017 to September 2018) to be 370 lakh bales.
The Cotton Advisory Board CAB has revised its cotton output estimate to 370 lakh bales 1bale 170 kg from the previous estimate of 377 lakh bales for cotton season 2018 beginning October 1, 2017.
With the continuous decline in prices of cotton and yarn, and marked drop in buying of cotton from China, the Union Government is making attempts to bail out the domestic industry and farmers in India.