Clothing exports stabilize, Pakistan cotton yarn prices rebound



Pakistani cotton yarn prices have rebounded in the past week as apparel exports began to stabilize and demand recovered. That week, foreign clothing buyers began to place orders af…

Pakistani cotton yarn prices have rebounded in the past week as apparel exports began to stabilize and demand recovered.

That week, foreign clothing buyers began to place orders after the epidemic blockade ended. Pakistani downstream companies began to replenish yarn inventories. Domestic yarn prices began to rise and transactions increased. .

At the same time, the sharp increase in raw material prices in recent weeks has also prompted yarn mills to increase inquiries, with 30-count carded yarn rising by 2.95% in a single week. In the future, cotton mills may continue to raise prices and improve operating profits.

Pakistan cotton yarn export prices did not change due to the fall in the rupee exchange rate. Cotton prices have also remained stable. The number of new flowers received by ginners has begun to increase significantly. The price of low-grade cotton has been reduced, which is expected to increase the start-up rate.

It is also understood that cotton and yarn prices in India have not changed, and the textile market has begun to stabilize due to declining output. </p

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Author: clsrich

 
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