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The continued low-interest rates of the Federal Reserve and introduction of strong economic stimulus plans by the US government have depreciated the currency exchange rates against the US dollar, including the Indian rupee and the Vietnamese dong, which is conducive to cotton yarn exports. |
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High price and big discount marketing methods for the cotton yarn traders have led to a competitive transaction price, which is lower than the listed price by USD 30.9 - 46.4 per tonne. |
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Cotton yarns from Vietnam, Pakistan, Indonesia are mainly high-grade and high-index. |
