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Pakistan cotton yarn prices - Textile information - Textile net - Textile integrated service provider

by:Chengyi     2020-06-23
In the latest week, Pakistan cotton yarn prices fell sharply, commercial activity began to slowly recovering, but after a nationwide ban on yarn demand is still not recover, sale in domestic market and export prices remain under pressure. Week, Pakistan's 30 combed yarn fell nearly 10%, downstream demand is very weak, so the cotton mill machine has fallen dramatically. Due to the downstream weaving and garment enterprises demand decreases, yarn prices could further down in the future. In the latest week, Pakistan cotton prices stable, but the domestic commercial activities decreased significantly, the new sales is almost zero. Karachi, the spot price for four weeks without change. Moreover, Pakistan's largest polyester staple fiber manufacturers because of the inventory rose to record highs, has decided to reduce the risk to open, but the price have no change for five weeks.
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