In the last week, although cotton prices in Pakistan continued to rise, domestic cotton prices began to fall. Imports of American cotton prices fell, the government considered allowing imports of Indian cotton yarn caused cotton yarn prices to stop rising and falling. That week, cotton prices in Pakistan continued to climb, domestic yarn mill demand continued, standard spot rose to 12300 rupees / Maude, import cotton prices fell 2.95 percent. During the week, Pakistan's 20 combed yarns fell 1.16 percent, bci cotton and organic yarn fell even more. At the same time, affected by the decline in Chinese demand, Pakistan cotton yarn export quotation has not changed. In the future, the export price of Pakistani cotton yarn will be supported as yarn stock in yarn mill drops. However, polyester cotton yarn, polyester yarn in the cloth factory demand driven by the continued rise.

Keyword:

Scan the QR code to read on your phone

Previous: US Cotton Export Weekly: Increased Contract Volume and Reduced Shipment

Next: China's garment exports rose 55.01% from January to February 2021

Previous: US Cotton Export Weekly: Increased Contract Volume and Reduced Shipment

Next: China's garment exports rose 55.01% from January to February 2021