Garment exports stabilize, Pakistan yarn prices increase

In the past week, the price of cotton yarn in Pakistan rebounded because of the stabilization of clothing exports and the recovery of demand.　　 That week, foreign apparel buyers began to place orders after the epidemic blockade ended. Pakistani downstream companies began to replenish yarn stocks, domestic yarn prices began to rise, and transactions increased.　　 At the same time, the sharp increase in raw material prices in recent weeks has also prompted spinning mills to raise their inquiries. 30 carded yarns rose by 2.95% in a single week. For some time to come, spinning mills may continue to increase prices to improve operating profits.　　 Pakistan’s cotton yarn export prices have not changed because of the fall in the rupee exchange rate. Cotton prices have also remained stable, the number of new flowers received by ginning plants has begun to increase substantially, and lower-grade cotton prices are expected to increase the operating rate.　　 It is also understood that India’s cotton and yarn prices have not changed, and the textile market has begun to stabilize due to the decline in output. Article Keywords: 　Pakistan Yarn Export Yarn Price Overseas Textile