Pakistan: China's demand decreases, cotton yarn export prices fall

In the past week, Pakistan’s cotton yarn export prices have begun to fall due to the reduced demand before the Chinese New Year.　　 Within a week, Pakistan’s cotton yarn export quotations fell by 2-3 cents/kg, but domestic cotton yarn prices continued to rise due to low cotton yarn inventory and 30 carded yarns rose 2%.　　 During the week, the Pakistan Karachi cotton spot price index was stable at 10,800 rupees/maod. The cumulative increase in the previous four weeks was 8%, but organic cotton and BCI cotton continued to rise, and organic cotton prices continued to rise due to insufficient supply in the international market. The price of imported U.S. cotton continued to climb to 90.17 US cents/lb, and domestic textile mills maintained strong demand for U.S. cotton.　　As domestic cotton prices begin to stabilize, the profits of Pakistani yarn mills have increased. Article Keywords: 　Pakistan Yarn Cotton Yarn Yarn Price Overseas Textile