International demand gradually restore strong prices - Pakistan cotton yarn exports
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In the past week,
On April 12 -
, Pakistan because of seasonal demand is weak, cotton prices continued to fall, export prices remained firm.
At present, Pakistan combed cotton demand dropped to a very low level, spinning mill stock began to rise.
Learned, affected by India's large currency devaluation, Indian cotton export competitiveness weakened again, Pakistan needs is turning to domestic suppliers.
Last week, Pakistan's domestic trading activity is very strong, and the international demand is falling.
Because Pakistan yarn 4% export tax rebates will be at the end of June, so Pakistan cotton yarn export prices will continue to remain strong.
Over the past few weeks, Pakistan sharply increased exports to South Korea, especially for coarse yarn order is active.
At the same time, the order of double cotton yarns in Bangladesh also began to increase.