Decrease in foreign demand, Pakistan's cotton yarn export quotations fell slightly

In the past week, due to the decrease in demand before the end of the year, the price of cotton yarn in Pakistan has stabilized or dropped slightly. With the rise of cotton prices at home and abroad, cotton yarn prices in Pakistan have stopped falling.　　 Due to insufficient downstream demand, short-term Pakistan yarn quotations will continue to be under pressure. At the same time, Pakistan's cotton prices rebounded, driven by ICE cotton, the Karachi spot price index rose 0.57% in a week, and the price trends of BCI cotton and organic cotton were mixed.　　 The export quotations of Pakistani cotton yarn fell slightly due to the decrease in foreign demand during Christmas. However, starting from January 2020, the China-Pakistan Free Trade Agreement will enter the second phase, and China's demand is expected to increase. Article Keywords: 　Pakistan Cotton Yarn Cotton Export Price China Overseas Textile