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Market demand is weak - Pakistan cotton yarn continue to fall Textile information - Textile net - Textile integrated service provider
A week at the end of September to early October, Pakistan cotton prices continue to fall, cotton prices rebounded, chemical fiber prices fell. In the week, Pakistan cotton yarn prices down under the influence of textile weak demand, domestic main product prices fell about 1%. Although the rupee and the domestic cotton prices rise, but Pakistan cotton yarn exports offer ( The price in U. S. dollars) Remain stable. The future for a period of time, Pakistan cotton prices are likely to remain strong, reason is a large textile mill needs a large number of purchasing supplementary raw materials inventory. The past four weeks, due to the domestic market of the crop significantly below expectations, Pakistan's domestic cotton prices rose 8. 7%. Resulting in a decline in profits of Pakistan cotton prices rise. Changes in the past three weeks, although the price of raw materials is different, but Pakistan polyester/cotton yarn and polyester viscose yarn basic did not change. Polyester short price follow the raw material prices, 1. 4 d polyester short weekly fall 1. 58%. Affected by a stronger rupee and the weaker currency, polyester short import prices fell to zero. $90 / kg to domestic enterprises cut the price. Meanwhile, Pakistan's domestic polyester short profits remain high, higher than the previous average of six months, may fall further in the future to new lows. Polyester yarn demand, the price is firm, viscose staple import prices stable, domestic prices steady, in recent weeks, the import of Chinese short sticky prices remain at 1. 37 $/ kg.