Domestic supply increases, Pakistan's cotton yarn export prices fall

In the past week, Pakistan's new cotton market has stimulated a rebound in demand, and cotton and cotton yarn prices have risen. On the contrary, the prices of chemical fiber and viscose fell.　　 Affected by the sudden drop in the price of imported polyester staple fiber from China, the price of chemical fiber in Pakistan continued to fall. 1.4D polyester staple fiber fell by 2.67%, a cumulative drop of 7.61% in the past four weeks. With the import quotation falling to US$0.88/kg, the price of polyester staple fiber in Pakistan may continue to fall in the future. Affected by the price drop, the profits of Pakistani chemical fiber manufacturers fell to a low point, and the manufacturers considered reducing the operating rate.　　In the past week, although international cotton prices have fallen, Pakistani cotton prices have recovered slightly. Under the influence of the gradual listing of high-quality new cotton, domestic demand for cotton has begun to increase. At the same time, the interruption of India-Pakistan trade in the coming months will also support domestic cotton and cotton yarn prices. In the past week, the price of 80 combed yarns in Pakistan has started to rise.　　 Polyester-cotton yarn and polyester-viscose yarn fell as the prices of chemical fiber and viscose fell again. Demand for the two types of yarns was still sluggish, forcing suppliers to lower their prices.　　In the export market, the price of Pakistani yarn fell slightly, due to the increase in domestic yarn supply. In recent weeks, Pakistan's yarn exports to European countries have been relatively slow, and viscose prices have fallen sharply in the past two weeks, which is related to the decline in demand and the decline in import prices. Article Keywords: 　Pakistan Cotton Yarn Cotton Export Price China Overseas Textile