China's pre-holiday demand is weak, Pakistan's cotton yarn export prices are stable

In the past week, Pakistani cotton and yarn prices have remained firm. As the Chinese New Year approaches, foreign demand has begun to decline.　　 Driven by the rise of ICE cotton before the Sino-US agreement was signed, Pakistani cotton prices have strengthened. Although spot transactions continue to decrease, the standard-grade spot prices have risen by 1.12% in a week, and BCI and organic cotton have risen by 0.90% and 1.83%.　　 Due to the tight domestic cotton supply, Pakistani cotton prices will remain firm. The recent removal of tariffs on cotton imports by the government may have a certain impact on the country.　　 The price of cotton yarn remained relatively stable, and the price of combed yarn rose slightly due to the restricted import of Indian yarn. The export quotation of Pakistani cotton yarn remains unchanged, and the demand in China is sluggish due to the Spring Festival holiday. Article Keywords: 　Pakistan Cotton Yarn Cotton Export Price China Overseas Textile