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Pakistan's cotton yarn export prices are stable, Chinese demand is strong

  • Categories:Company news
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  • Time of issue:2019-12-17 10:43
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Pakistan's cotton yarn export prices are stable, Chinese demand is strong

(Summary description)In recent days, the price of Pakistani flower yarn has declined, and the price of chemical fiber yarn has remained stable. It is expected that as domestic demand rebounds, Pakistan's yarn prices will remain relatively strong for some time to come.

  • Categories:Company news
  • Author:
  • Origin:
  • Time of issue:2019-12-17 10:43
  • Views:0

In recent days, the price of Pakistani flower yarn has declined, and the price of chemical fiber yarn has remained stable. It is expected that as domestic demand rebounds, Pakistan's yarn prices will remain relatively strong for some time to come.

According to statistics, in the past seven days, the spot cotton price in Pakistan has fallen by 150 rupees to 8050 rupees / Mundell, a drop of 1.8%. The price of 30S pure cotton yarn in the Faisalbad market has decreased by 15 rupees, a decrease of 0.85%. The price of polyester staple fiber has stabilized after a sharp rise in the past few months, of which the price of 1.4D polyester staple fiber has remained at Rs 198 / kg for three consecutive weeks.

Recently, affected by the holiday, the domestic demand for pure cotton yarn in Pakistan has been suppressed, while the demand for blended yarn is relatively strong. On the export market, Chinese demand has dropped sharply, and Pakistan's cotton yarn export prices have remained basically unchanged. According to statistics, in August 2018, Pakistan's cotton yarn exports decreased by 4.02% year-on-year to 37,000 tons.

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