Pakistan's cotton yarn export prices are stable, China orders low-count yarn

In the past week, Pakistan's domestic yarn mills have insufficient purchasing demand, transactions have been weak, and cotton yarn prices have fallen. The weak demand and the government's failure to solve the new tax system forced textile mills to lower their quotations. As product inventories rose, the operating rate of spinning mills fell sharply.　　 During the week, Pakistan's polyester-cotton yarn and polyester-viscose yarn fell the most, because the cost of raw materials dropped significantly. In the export market, demand for coarse yarns has rebounded. Chinese buyers ordered a large number of low yarns, and the export quotations remained unchanged.　　 The price of cotton fell again. Due to the poor quality of cotton after the rain, yarn mills were cautious in purchasing, and the price of new flowers fell by 2.89%.　　 The price of polyester staple fiber dropped sharply because the price of imported Chinese polyester staple fiber fell to US$0.94/kg, and the domestic 1.4D polyester staple fiber in Pakistan fell by 2.48%. As domestic prices are much higher than imported prices, Pakistan's domestic polyester staple fiber prices may continue to fall in the future. Article Keywords: 　Pakistan Cotton Yarn Cotton Export Price China Overseas Textile