Pakistan's cotton yarn export prices are firm, China's demand increases again

In the past week, cotton prices in Pakistan have fallen, but cotton yarn prices have remained firm. Downstream textile enterprises and foreign demand are recovering.　　 At present, the domestic and export prices of Pakistani cotton yarn are stable. Although the prices of raw materials have fallen, the strong downstream demand has prompted the spinning mills to support the cotton yarn quotations. The government lowered the sales tax until January next year, and domestic spot transactions have become more active. With the recovery of demand from downstream enterprises, cotton yarn prices are expected to rise further in the future.　　In terms of exports, Pakistani cotton yarn prices have remained firm, and demand from Chinese buyers has increased again.　　 At the same time, the quality of Pakistan’s new cotton has declined, making spinning mills less active in purchasing cotton, and domestic cotton prices have continued to decline. The Karachi spot index fell 2.67% in a week, and the prices of BCI cotton and organic cotton also fell.　　 During the week, Pakistan's polyester-cotton yarn and polyester-viscose yarn prices were stable, and demand from downstream enterprises remained active. The price of polyester staple fiber continued to fall, consistent with the decline in the price of imported polyester staple fiber. Domestic 1.4D polyester staple fiber fell 1.08% in a week.　　 Although the price of domestic polyester staple fiber has fallen, imported polyester staple fiber is still very competitive. Affected by the recent decline in the prices of international PTA and other raw materials, the profits of domestic chemical fiber manufacturers have remained high. The price of viscose staple fiber remained stable, and imported viscose staple fiber continued to fall. Article Keywords: 　Pakistan Cotton Yarn Cotton Export Price China Overseas Textile