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Lack of demand falling prices - Pakistan cotton yarn exports Textile information - Textile net - Textile integrated service provider

by:Chengyi     2020-07-02
Affected by the previous Pakistan cotton prices, the latest week Pakistan cotton yarn (domestic and export prices fell slightly. Pakistan now chemical fiber stabilizing prices, cotton prices have stopped falling. It is understood that the drop in raw material costs Pakistan cut cotton textile factory can offer, yarn prices fell 1 - Pakistan last week 2%. ICE period cotton, cotton prices stabilizing Karachi. Because Pakistan mills buying interest is not high, the current Pakistani cotton spot light volume, BCI and organic cotton prices also fell, cotton export prices for foreign buyers to stop buying appear larger drop before Christmas. Left in 2019, is expected to short-term demand will still is not enough, the price will remain weak. At the same time, Pakistan polyester/cotton yarn and polyester viscose yarn price has not changed, the downstream demand remains strong, polyester staple fiber prices began by import prices stabilise. The import of Chinese polyester staple fiber prices rose to 0. $89 / kg. 1. 1 4 d polyester staple fiber increases. 13%. Even so, nearly two weeks chemical fiber factory profits still no improvement instead continued to decline.
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