In the past week, the price of cotton yarn in Pakistan has risen sharply, the spot trading volume has increased significantly, and the yarn inventory has dropped significantly.
That week, both domestic and export prices of Pakistani yarn were quite strong. Domestic 30-count carded yarn rose 4.17% in a single week. The impact of the epidemic began to subside and trading began. recover. At the same time, export quotations rose due to demand, resulting in a decrease in yarn mill inventories. It is expected that yarn prices in Pakistan will continue to remain strong in the coming period.
The spot price in Karachi, Pakistan, did not change that week, the volume of new cotton on the market continued to increase, and yarn mills are expected to resume full production. </p