Pakistan Cotton Exporters Association Calls For Duty Free Import Of Polyester Yarns.
Pakistan The floods have destroyed 20% of cotton crops. Pakistan textiles Exporter The Association (PTEA) asked the government to import polyester yarn free of charge to make up for the loss of cotton and make up 30% of the national polyester yarn deficit.
President Alakh, President of the Pakistan Textile Exporters Association, and the vice president of the Asian Federation of textile exporters, declared the request.
They disclosed that Pakistan's industry decided to import 5 million 500 thousand bales of cotton from India to meet the country's cotton deficit. After the export of India's exporters and the export of cotton, the agreements almost came to an end.
Pakistan exporters feel frustrated that they have no choice but to use polyester yarn as an alternative. Polyester yarn production companies in Pakistan are almost at their best level, but they are not yet able to meet the requirements of the state. Polyester yarn The demand is still lacking 30%.
As a result, two lines of raw materials were in short supply. On the one hand, the floods destroyed 20% of the cotton crops. On the other hand, polyester yarn was short of 30%, which could not meet the needs of the national textile manufacturers.
To ensure that textile exporters fulfill their export orders, the most fundamental thing is to ensure that sufficient raw materials are available to carry out their production activities. Only by removing the quota and allowing free import of polyester yarn can it save the ailing textile industry.
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