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Pakistan's new government fiscal crisis cotton export prices to fluctuate - Textile information - Textile net - Textile integrated service provider

by:Chengyi     2020-06-24
Over the past seven days ( On October 11 - 17) , Pakistan cotton, cotton prices rebound quickly. Pakistani rupee weakened, export prices in dollar terms remain unchanged. Is Pakistan in listed on her new flower period, but in the past seven days cotton prices still rose to 8800 rupees 400 rupees/ji, rose by 4. 8%; Sarah's market 20 s coarse yarn prices rose 142 rupees, rose by 9. 45%. At present, to repay the debt by the new government of Pakistan from financial crisis, and plans to the international monetary fund has offered financial assistance measures, Pakistan export commodity price stability. The 30 s cotton coarse yarn stability in 3 CNF export prices for five consecutive weeks. $25 / kg. Market forecast, with continuous depreciation of the rupee, Pakistan's textile and clothing exports will further boost, Pakistan cotton and cotton yarn consumption demand will be recovered.
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