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Pakistan's domestic cotton prices weak downstream enterprise procurement - Textile information - Textile net - Textile integrated service provider

by:Chengyi     2020-06-29
In the latest week, Pakistan's domestic cotton prices, a weak downstream enterprise procurement, but exports to China is expected to recover, support the cotton export prices stabilised. Clinch a deal with Pakistan's new sales tax, yarn domestic market is extremely low, cotton export prices stabilising, after a few weeks before the sharp drop in overseas procurement needs support, Chinese buyers need to supplement the yarn inventory, purchasing willingness to fair recently. Pakistan cotton prices continued to pressure also stabilizing after half month, but prices are unlikely to rise considerably, because part of the new flowers have begun to cotton ginning mill. Indian yarn prices falling, cotton prices continue to fall, S - 6 fell 1000 rupees, or 2. 2%. Cotton ginning mill has started selling early hoarding inventory because of the bullish market outlook. India's domestic cotton prices continue to fall, mills still faces competition cotton prices higher than the surrounding countries ( Especially in Pakistan) In the reality.
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