Cotton prices declined in China and India in December 2010, while further rising in Pakistan, on average. Polyester prices sharply fell in China while steadily increasing in Pakistan. Considering the full past year, India was an obvious winner in terms of textile fiber costs, benefiting from a much weaker increase than China and Pakistan, and however imposing limits on its cotton fiber and yarn exports.
Source: http://www.emergingtextiles.com |
