Pakistan's domestic cotton market continued to be stable yesterday, and Punjab's high-grade new flower ginning factory pick-up price was about 5300-5750 rupees/maund, which was 71.20-77.20 cents/lb., and the low-grade new flower transaction price was about 4,000-5000 rupees/maund. .
Textile mills are plentiful, some textile companies continue to purchase based on spot demand, ginners have tight stocks of high-grade cotton, and offer prices are raised accordingly. Low-grade cotton is under pressure and buyers generally have little interest. Due to the recent shortage of yarn demand, textile companies are generally cautious about the market outlook.
Textile mills are plentiful, some textile companies continue to purchase based on spot demand, ginners have tight stocks of high-grade cotton, and offer prices are raised accordingly. Low-grade cotton is under pressure and buyers generally have little interest. Due to the recent shortage of yarn demand, textile companies are generally cautious about the market outlook.
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