Affected by China's Dragon Boat Festival, Pakistan's yarn export prices are stable

In the past week, Pakistan's yarn prices have gradually stabilized after experiencing an increase caused by demand recovery. Affected by the Chinese Dragon Boat Festival, Pakistani yarn exports to China have decreased.　　 In the next few weeks, with the gradual increase in demand from downstream enterprises, the price of yarn in Pakistan may rise further. In the past week, 30 carded yarns in Pakistan have been stable. Affected by China’s holiday, Pakistan’s yarn export prices remain unchanged.　　 Pakistan's cotton import prices have risen sharply, reaching nearly 70 cents per pound, and African cotton has risen even more. With the gradual start of domestic new cotton harvesting and processing, domestic buyers and textile mills have increased their interest in new and old cotton stocks, and Pakistan's domestic spot prices have begun to show a strong momentum. According to forecasts, the rains that began on June 23 will last until July 2, which is very beneficial to Pakistan’s new cotton production. Article Keywords: 　Pakistan Yarn Export Yarn Price Overseas Textile