China's consumption to reduce cotton yarn exports fell - Pakistan Textile information - Textile net - Textile integrated service provider

In the latest week, Pakistan cotton yarn prices continue to fall, China's import demand has fallen dramatically. At the same time, imports of cotton prices support mills profit. At present, the Pakistan textile mill is difficult to resume production, domestic cotton prices keep falling. Due to the lack of demand of the domestic downstream cloth and clothing, 30 combed yarn weekly fall 0. 8%. But the raw material price cut of a falling cotton yarn, but soon mills also declined on sale. Despite the recent ICE period cotton continues to rebound, but import American cotton prices fell 20% since January, 67. 81 cents/lb. Despite the spot rare clinch a deal, Karachi, Pakistan spot price index has been stable for several weeks, 8800 rupees (endor/mo About 37 kg) 。 With China's cotton consumption reduction, Pakistan cotton yarn exports fell in recent weeks, previous order was cancelled. As a result, Pakistan cotton yarn prices may continue in the next few weeks.