Pakistan's cotton yarn export prices remain stable

In the past week, cotton prices in Pakistan have continued to rise, and spinning mills flocked to purchase high-grade cotton, but they were unable to increase yarn prices simultaneously, resulting in shrinking profits.　　 It is reported that the downstream demand in Pakistan is very strong recently. Spinners are actively rushing to buy high-quality cotton and order a large amount of American cotton and Brazilian cotton. Affected by this, Pakistan's Karachi spot price index jumped 2.75% to reach 9,350 rupees/maod. With the surge in cotton demand, sales of BCI cotton and organic cotton have grown more prominently.　　 At the same time, the price of cotton yarn in Pakistan has fluctuated. Although the cost of cotton has increased, the export price of Pakistani cotton yarn remains unchanged due to the strengthening of the rupee exchange rate. Article Keywords: 　Pakistan Cotton Yarn Cotton Export Price China Overseas Textile