India temporarily suspends cotton import tariffs
Published Time:
2026-06-01
This move will impact the global cotton market trend, compounded by Brazil's reduced production and the inverted cotton price in the U.S., making cotton prices prone to rising rather than falling. Meanwhile, chemical fiber raw materials such as polyester staple fiber fluctuate with oil prices, showing a significant year-on-year increase.
Industry divergence intensifies: downstream garment factories actively stockpile goods, while printing and dyeing plants face overwhelming orders (scheduled until the end of June); midstream weaving mills suffer from insufficient orders and declining operational rates, with some companies rotating shutdowns and experiencing profit pressure.
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