Weaker exports - yarn in Pakistan
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In the latest week (
On February 15
Domestic cotton prices continue to weaken Pakistan, downstream enterprise yarn price is expected to continue to fall, yarn depressed demand.
Statistics show that in the latest week Pakistan cotton benchmark prices 100 rupees, or 1.
Mills very weak demand, large buyers inventory is relatively abundant, because there are not enough domestic high-grade cotton, now considering to buy imports of cotton.
In the latest week foreign buyers purchasing interest wanes, Pakistan yarn exports offer started weakening, but European buyers demand is good.
Pakistan's domestic yarn business downturn, polyester/cotton yarn and polyester viscose yarn price has not changed, the reason is polyester staple fiber and viscose staple fiber prices stable.
Polyester staple fiber prices affected by light trading the international market has not changed.
During the Spring Festival in China, the import of Chinese polyester staple fiber prices stable 1.
$20 / kg (
Pakistan's chemical fiber factory high profit at present, the future will also remain stable.
Pakistani rupee in recent 3 months of the RMB exchange rate fell sharply in polyester staple fiber prices 11.
Viscose staple fiber prices rose 6 in 3 months.
After a 67% did not change.
In the latest week import viscose staple fiber prices slightly down, the future for a period of time may continue to weaken.