Strong domestic and foreign demand, Pakistan cotton yarn prices continue to rise

In the past week, the price of cotton yarn in Pakistan has continued to rise, which is related to the rebound in demand from Chinese companies.　　 In November, textile and apparel exports increased by 9.27% u200bu200byear-on-year, which provided support for domestic and export prices of cotton yarn. During the week, the operating rate of Pakistani textile and garment enterprises rebounded sharply, stimulating domestic yarn prices to a record high. The factory expects strong demand for some time in the future and will continue to replenish raw material inventory in the near future.　　 At the same time, the export quotations of cotton yarns rose even more, driven by the strong recovery of import demand from Chinese companies. 30 carded yarns rose 3.92% in a week to 3.18 US dollars/kg. The price of cotton rose by 3.11%, and the price of imported US cotton rose to 86.10 US cents/lb. Domestic import demand continued to expand. Article Keywords: 　Pakistan Yarn Cotton Yarn Yarn Price Export Overseas Textiles