During the week of November 16-22, cotton prices in Pakistan were exceptionally strong, providing support for cotton yarn prices that began to weaken.
It is understood that the price of cotton yarn in Pakistan’s Faisalbad yarn market fell slightly last week, mainly due to the relatively weak market demand. The price of polyester and cotton yarn has been increased due to the sharp increase in the price of polyester staple fiber. Viscose fiber prices fell slightly.
Since November, the daily average number of new flowers on the market in Pakistan has dropped rapidly. In addition, Pakistan’s cotton production is expected to remain at a low level in 2017/18, and there are serious quality problems. Therefore, Pakistan’s cotton prices may continue to remain strong this year. . Pakistan’s cotton imports have surged recently, especially the demand for US cotton imports, which has caused ICE cotton futures to rise again and again.
In terms of exports, the export price of Pakistani cotton yarn remained unchanged last week, and exports to China were affected by the high quotation.
Affected by the sluggish seasonal demand, the price of viscose fiber in Pakistan fell significantly last week, with a cumulative decrease of 225 rupees/kg in the past four weeks, a decrease of 6.25%. In November, the market demand and production profits of polyester staple fiber reached a new high, and prices rose sharply to record levels. Among them, the price of 1.4D polyester staple fiber increased by 2 rupees in the past week to 138 rupees/kg, an increase of 1.47%. Pakistan’s cotton imports surge, cotton yarn prices fall limited
AAA Flame Retardant Fabrics Network KY, 7II56U65
