In the past week, the price of cotton yarn in Pakistan has remained strong. The price of cotton has remained stable due to the increase in chemical fiber prices. The price trends of various varieties of cotton yarn have been different, and the cotton market has recovered significantly.
That week, Pakistan’s 60-count combed yarn rose by 3%, mainly due to restrictions on imports of Indian yarn. Domestic companies have turned to the Chinese market to purchase combed yarn. Recently, There were a lot of deals. At the same time, the prices of 20- and 30-piece bottles fell.
As the government abolishes cotton import tariffs, domestic cotton demand has been significantly released, yarn export prices have generally remained stable, and imported yarn prices are expected to maintain a strong momentum.
