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Foreign demand to reduce Pakistan cotton yarn exports fell - quotation Textile information - Textile net - Textile integrated service provider

by:Chengyi     2020-07-02
In the latest week, as a result of reduced demand before the end of the year, Pakistan cotton yarn price stability or slightly lower. As foreign and domestic cotton prices rise, Pakistan cotton yarn prices stop falling. Because of a shortage of downstream demand, short-term Pakistan yarn quotation will remain under pressure. At the same time Pakistan cotton in ICE period cotton, led by a rebound in Karachi spot price index rose in a single week 0. 57%, BCI cotton and organic cotton have different prices. Pakistan cotton yarn exports price fell, the reason is Christmas demand abroad. But in January 2020 free-trade agreement between China and Pakistan in the second stage, Chinese demand is expected to increase.
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