Pakistan's cotton yarn export prices are stable and China's demand is strong

In the past week, Pakistan's cotton yarn demand has remained sluggish, and prices have continued to fall. The reason is that the new tax system has brought many problems and cotton yarn exports to Europe have declined, and the recovery of Chinese orders has not been able to save.　　 At present, Pakistani textile companies still have not adapted to the new tax system, and 30 carded yarns fell 1.98% within a week. Export prices are relatively stable due to strong demand from Chinese buyers.　　 Polyester cotton yarn and polyester viscose yarn fell by 1-2 rupees/lb, in line with the price trend of raw materials. The new tax system will have a greater impact on these two types of yarns because of the limited foreign demand for such yarns. Affected by this, Pakistan's domestic demand for blended yarn remains sluggish.　　 In the same period, the price of polyester staple fiber in Pakistan also fell sharply due to reduced demand and the price of imported Chinese polyester staple fiber. 1.4D polyester staple fiber fell by 2.6%, with a cumulative decline of 7.43% in the past four weeks. The price of imported Chinese polyester staple fiber fell to US$0.0/kg, which may fall further in the future.　　 At the same time, the profits of Pakistani chemical fiber manufacturers have dropped to a low point, the operating rate has dropped, and the manufacturers will maintain their current prices. The price of viscose staple fiber fell along with the import price, and the price of imported viscose staple fiber was US$1.48/kg. Article Keywords: 　Pakistan Cotton Yarn Cotton Export Price China Overseas Textile