In the past week, China’s demand for Pakistani cotton yarn has begun to recover, which has provided support for the domestic sales and export prices of Pakistani cotton yarn. Domestic cotton yarn prices have begun to stabilize.
Pakistan cotton yarn export prices fell, in line with the trend of commodity futures. 30 pieces fell 5 cents in a single week, or 1.69%, as demand from European buyers decreased. The short-term increase in Pakistani yarn inventories may cause factories to lower their export quotations.
