Chinese demand increase price so - Pakistan cotton yarn exports
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Nearly a week, Pakistan cotton yarn export prices to expand, the main reason is that Chinese demand increased significantly.
In the week, Pakistan's 30 combed yarn CNF price rose 3 cents.
Under the free trade agreement between China and Pakistan in the second stage, Pakistan yarn export prices will remain firm as a whole.
According to the agreement, Pakistan can duty-free exports to China textile and clothing, including cotton, cotton and knitting garment, home textile products.
Before the new agreement has been signed, China also for Pakistan to provide duty-free exports an extra 350000 tons of cotton yarn preferential policies.
Pakistan textile demand at present, domestic cotton prices also remain strong, cotton supply has also led to cotton prices continue to rise, the Karachi stock index rose 0.
50 rupees 8850 rupees/maud land.