Buyer Disappeared &Nbsp; Yarn Sales In Pakistan Dropped Sharply.
Pakistan's biggest yarn Market in Fisher abad is experiencing a lack of proven business because of the decline in textile exports and the delayed energy interruption. With the closure of many textile manufacturing units, sales of yarn dropped by 80%, traders said.
Akram, a yarn trader, said: "traders are forced to export yarn because buyers from the domestic market disappear.
With the interruption of natural gas supply, the textile factories have been shut down and a large number of rupees have been stuck in the market.
Pasha added that yarn demand declined because orders in the textile and weaving industry had stopped and cash pactions were delayed due to the closure of industrial units.
Kamal Aftebo, President of the Pakistan Association of knitwear manufacturers and exporters, said: "the yarn market provides raw materials for power weaving, weaving and weaving factories, knitting units and other manufacturing units.
The natural gas supply that has been suspended for 5 days per week triggered the closure of the factory.
Yoav Taber expressed concern about the lack of supply of domestic added value industries in cotton and yarn exports in the coming months, which could seriously affect the achievements of the textile industry.
Many industries, especially spinning and weaving factories, are the main sources of cotton and yarn.
Purchase
Company.
Among these units, dynamic weave is facing serious cuts in natural gas supply disruptions, inadequate electricity supply and orders from textile exporters.
textile mill
The owners are worried that the rise in electricity costs and the serious power restriction may lead to an increase in their production costs.
Tahir Mahmoud, President of the Pakistan yarn Wholesalers Association, said: "this almost destroys the yarn.
market
But the export of yarn provides a partial buffer for traders.
The price of yarn depends mainly on the spinning demand of the export market and the domestic market.
As the price of the domestic market declines, the price is stable because of the export of yarn to the international market, Tahir Mahmoud said.
Although the domestic market is not healthy, the price of yarn in the international market is still high.
Yarn exporters say that farmers and ginning workers should train their knowledge of quality improvement, grading, packaging, labeling and storage in order to encourage demand for cotton and yarns in Pakistan in the international market.
Improving the quality of raw cotton can not only reduce production costs and waste materials, but also ensure that spinning mills produce high grade cotton yarn, thereby helping to increase export revenue.
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