India's cotton & cotton yarn exports to China may rise: TexPro

The demand is increasing as countries are recovering from the impact of the pandemic through vaccinations and by adopting preventive measures to fight against the new variants.

The monthly average of India’s cotton exports to China went up by 53.54 per cent from $75.81 million in Q1 2021 to $116.40 million in Q2 2021. It is expected to move up further by 1.78 per cent to $118.47 million in the second half of 2021, according to Fibre2Fashion’s market analysis tool TexPro.

The monthly average of India’s cotton yarn exports to China was $68.64 million in Q1 2021, which surged by 13.89 per cent to reach $78.18 million in Q2 2021. The monthly average is now expected to witness a growth of 5.16 per cent to touch $81.22 million in the second half of this year.

Fibre2Fashion News Desk (KD)