In the past week, yarn prices in Pakistan have continued to rise, textile production has continued to recover, raw material prices have stabilized, and yarn mill profit margins have continued to rise.
Due to the significant increase in downstream demand, the price of cotton yarn in Pakistan has increased significantly. With the end of Eid al-Adha, domestic consumer demand in Pakistan has suddenly increased, and suppliers have increased their quotations. The price of 30-count carded yarn last week was 2.49%.
Pakistan cotton yarn export quotations are stable due to further depreciation of the rupee.
Pakistan cotton prices followed the decline of ICE cotton futures. The Karachi spot price index fell by 2.4% in a single week, and the price of imported US cotton fell by 1.4%. </p
