Pakistan Cotton Prices Rose 17% In July February.
In the 2009 fiscal year, cotton prices in Pakistan have surged 17%, with an average price of 3250-3500 rupees /maund (40.60-43.74 US dollars) because the market expects the total volume of cotton to arrive is reduced.
According to industry sources, because of the high cotton prices in the domestic market, textile mills prefer to import cotton. They hope to stop shrinking profits under the pressure of reduced sales orders.
The latest information released by the Pakistan cotton Processors Association (PCGA) shows that in February 28th, 2009, the total volume of cotton arrived was 11 million 221 thousand packages.
2月之前5個月到貨數(shù)量持續(xù)減少,但2009年2月到貨情況相對好轉,達到 59 萬包,增長 5.3%。主要原因是農民開始銷售棉花,早些時候農民認為價格不好,表現(xiàn)為惜售。近期棉花價格上升,交貨數(shù)量隨之加大。
The expected volume of cotton production in fiscal year 2009 is expected to be around 11 million 500 thousand packages, compared with 11 million 400 thousand last year, 5% less than the government revised target 12 million 100 thousand package.
Recent figures from the Federal Bureau of statistics show that textile exports in Pakistan declined by 4% in the first 7 months of fiscal year 09 (January to January), according to the US dollar (July).
紡織品所占巴基斯坦出口總規(guī)模的比例已損失 633 點,至 54%。此外,2008年巴基斯坦紡織品對美國出口(巴基斯坦紡織品最大目的地)為 31 億美元,下降 2.83%。巴基斯坦在美國紡織品進口市場中保持 3.02%的市場份額。
Editor in chief: Xu Qiyun
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