China's demand is strong, Pakistan's cotton yarn export prices rise

In the past week, Pakistan's cotton yarn prices have fallen along with cotton prices, and export prices have risen driven by strong Chinese demand.　　 Due to insufficient demand from downstream weaving mills, Pakistan's domestic yarn prices have recently fallen, and transactions in the main yarn market have fallen sharply. Buyers are unwilling to increase purchases at the current price. At the same time, the continuous decline in domestic cotton prices also prompted yarn mills to lower their quotations. 30 carded yarns fell 2.4% in a week.　　In contrast, export prices have risen due to demand from China and Europe. Large purchases by foreign buyers before Christmas caused prices to rise by 1-2%, and Chinese buyers were able to accept higher prices due to further increases in domestic yarn prices.　　 Affected by the lack of funds for large-scale domestic spinning mills to purchase, the price of Pakistani cotton continued to fall. The Karachi spot price index fell by 100 rupees/maod in a week, and the prices of BCI cotton and organic cotton also fell. In the future, China's rotation into Xinjiang New Cotton will support China and the international market. Article Keywords: 　Pakistan Cotton Yarn Cotton Export Price China Overseas Textile