Pakistani raw cotton imports reached 47.8kt in Oct 2022

More demand for imported cotton was still the main reason for the increase of Pakistani textile and apparel. Pakistani cotton imports rose to 47.8kt in Oct 2022, up 14.7% on month. Since this year, the data of Pakistani contract with US, Australian and Brazilian cotton was great. The reduction of cotton production caused by disaster made Pakistani cotton prices not as expected, which also caused high-priced Pakistani cotton yarn price. The operating rate of Pakistani mills was still below 50%.