Pakistan’s pure cotton yarn exports volume reduced

Pakistan’s pure cotton yarn exports volume reduced by 1.6kt from Aug to 21.5 kt in Sep, down 25.61% year-on-year. This year, the thin exports of Pakistan’s yarn were opposite to its strong textile and apparel exports, and the reduced demand from the Chinese market was the main cause for the decline in cotton yarn exports. Recently, Pakistan’s cotton prices remained relatively stable, so the downward trend of cotton yarn offers was not obvious, and the offers in Pakistan were higher than spot prices in China’s local market for a long time. The production of Pakistan’s siro-spun yarn continues to drop, and its dependence on the Chinese market kept decreasing.