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Pakistan cotton yarn export prices stable opportunities - stems from the fta between China and Pakistan Textile information - Textile net - Textile integrated services

by:Chengyi     2020-06-27
Nearly a week, Pakistan cotton yarn prices rose slightly, the domestic demand is still strong, China needs to support export prices. Domestic cotton prices are mainly active demand and currency devaluation. In the week, Pakistan cotton spot prices remain stable, cotton export prices did not change. But because of China's import demand, prices will likely continue to rise in the future. According to the fta between China and Pakistan, China allow Pakistan to zero tariff to China exported 350000 metric tons of cotton yarn, rather than the previous three. 5%. In addition the two sides have agreed the second stage of negotiations the fta between China and Pakistan, Pakistan can continue to textile and apparel exports to China's zero tariff, including cotton yarn, cotton cloth, woven and knitted garments, home textile products, the second phase will be signed in the last week of April, to July 1. In the week, Pakistan blended yarn and polyester viscose yarn prices strong, 1. 4 d polyester staple fiber prices did not change, and import prices. The possible bottoming rebound, viscose staple is seasonal demand increase.
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