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Pakistan's cotton yarn export prices continue to fall

by:Chengyi     2021-03-15
In the past week, the domestic and export prices of Pakistani cotton yarn have continued to fall, downstream processing companies have been slow to return to work, and demand is still very weak, which cannot support prices.   In the current week, the price of 30 carded yarns in Pakistan was 1.06%. As the cloth mills gradually resume work, yarn sales may slowly recover in the future. In addition, the rebound in market activity after Eid al-Fitr (the first week of June) may also provide support for prices.   Pakistan imported US cotton prices fell, Karachi spot prices remained unchanged, BCI and organic cotton prices also fell due to the decline in the operating rate of spinning mills. Article Keywords:  Pakistan Cotton Yarn Cotton Export Price China Overseas Textile
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