In the past week, Pakistani cotton yarn prices have continued to rise, driven by a surge in Chinese import demand, with 20 blended yarns up 1.36 percent, while medium-and high-count cotton yarns have remained largely unchanged, linked to the stability of cotton prices. Because raw material price is very stable and yarn price rises sharply, Pakistan yarn factory profit expands rapidly.

Affected by the continued decline in the rupee exchange rate, Pakistan cotton yarn export prices (dollar prices) basically unchanged. Pakistan's exports of cotton yarn to China will increase in the coming months, supported by a special agreement between China and Pakistan, so even if the chances of opening yarn factories increase and yarn supply increases, Pakistani yarn prices are expected to remain firm.

In recent weeks, Pakistan imported polyester staple prices rose slightly, but domestic polyester staple prices have not changed. As the profit of chemical fiber manufacturers is good, the price of chemical fiber is likely to remain stable in the near future. Viscose staple fiber prices continue to fall, but viscose yarn to stop falling, because viscose prices will stabilize in the near future.

From http://info.texnet.com.cn