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Pakistan's surge in imports cotton yarn production lead to cotton price decline - limited Textile information - Textile net - Textile integrated services

by:Chengyi     2020-07-11
Last week, On November 16 - 22) Very strong, Pakistan cotton prices, to start the weaker cotton prices provide support. It is reported that Pakistan faisal bud cotton yarn market prices fell slightly last week, is mainly affected by the market demand is relatively weak. Price of polyester/cotton blended yarn of polyester staple fiber prices rose sharply and raised. Viscose fiber prices fell slightly. Since November, Pakistan's new flower market average fell rapidly, and is expected to 2017/18 Pakistan cotton yields remain low, and the serious quality problem, so this year's Pakistan cotton prices or will continue to remain strong momentum. Recent cotton imports surge in Pakistan, especially in the cotton import demand increase, lead to the ICE futures go up and up. Exports, Pakistan cotton yarn export prices remain unchanged last week, exports to China due to the price is affected. Influenced by seasonal demand downturn, Pakistan viscose fiber prices fell last week, down around 225 rupees ($/ kg in the past, fell by 6. 25%. In November, the market demand and production of polyester staple fiber to another record high profits, prices rose to record levels, among them, 1. 4 d polyester staple fiber prices over the past week up 2 rupees to 138 rupees ($/ kg, rose by 1. 47%.
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