Weaker export demand Pakistan cotton yarn prices dropped significantly
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In the latest week, Pakistan cotton and cotton yarn prices fell slightly, downstream weaving mill is expected prices continue to fall, thus maintaining the existing inventory to a minimum.
Although the international crude oil prices fell, but Pakistan polyester staple fiber prices stable, 1.
4 d polyester staple fiber prices nearly two weeks stable 1.
37 $/ kg.
Due to raw material costs have fallen sharply, the polyester staple fiber, chemical fiber factory profits rose to an all-time high.
At the same time, the import of Chinese polyester staple fiber prices fell to 1.
7 $/ kg, than the domestic price is still lower, could trigger a domestic polyester staple fiber prices fell again in Pakistan.
In the latest week, Pakistan's PC yarn and PV price stability, cotton prices according to the domestic cotton prices and falling demand weakened slightly, 20 combed yarn down 20 rupees.
Pakistan flower yarn prices will lead to the downstream manufacturers strict control of raw material inventory, reduced demand will drive the cotton prices continue to lower.
Because of weaker export demand, now Pakistan cotton yarn export price has dropped significantly.