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With over 19 years of experience in the yarn and textile industry.

Increased domestic and foreign demand, Pakistan yarn prices recover

by:Chengyi     2021-04-09
In the past week, Pakistan's weaving factories have resumed operations one after another, the factory operating rate has gradually increased, demand has begun to increase, and Pakistan's yarn prices have clearly recovered.   It is reported that the Pakistani government allows some textile factories to process export orders, and will allow more factories to resume production in the coming weeks. Affected by this, the price of 30 carded yarns in Pakistan has risen by 3.23% in the past week. At the same time, demand from foreign buyers has started to rise, and the export price of veil has risen by 2.75%. In addition, the previous increase in Pakistani cotton import prices also provided support for the rise in yarn prices.   Although Pakistan’s domestic cotton stocks are sufficient, the yarn mills have no intention of purchasing and are very fond of imported cotton. Therefore, domestic cotton prices are falling, and Pakistan’s domestic cotton prices will continue to be under pressure in the coming months. Article Keywords:  Pakistan Cotton Yarn Cotton Export Price Overseas Textiles
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