During the week from July 28 to August 3, Pakistani yarn prices remained firm, supported by strong market demand and continued low production. It is understood that yarn stocks in the Chinese market declined last week, and yarn export prices from Pakistan to China stopped falling and stabilized. At the same time, the sharp decline in the operating rate of Pakistan’s spinning mills has provided strong support for yarn prices.
Crude oil prices in the international market rebounded in the past week, while polyester fiber prices remained unchanged. Among them, Pakistan’s domestic 1.4D polyester staple fiber remained at 127 rupees/kg, while the import price from China dropped to 1.04 US dollars/kg (CNF Karachi). The price of viscose fiber remains stable, with the import price from China remaining at US$2.05/kg (CNF Karachi).
Affected by the stable fiber prices last week, the prices of PC yarn and PV yarn remained unchanged, and the cotton price was strongly supported by the surge in cotton yarn production demand. Strong demand and sluggish output support strong yarn prices in Pakistan
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