Pakistan'S Cotton Exports To China Increased By 94%.
The export volume of cotton yarn to China in Pakistan has increased by 94%, which will inevitably affect the value added products of Pakistan.
China
Exports.
Information from the textile circles expressed their concern: if the power crisis could cause additional value, textile products, including bedding, knitwear, fashion clothes and towels, were hit badly in the 2013 fiscal year.
According to the latest statistics of Pakistan Statistical Bureau, textile exports in July amounted to 1 billion 90 million US dollars, down 2.7% compared with the same period last year, and the annulus ratio increased by 0.8%.
In July,
Cotton yarn
Exports increased by 48% over the same period last year, to $172 million, while exports dropped by 94% over the same period last year, while the average unit price fell by 24% compared with the same period last year, and cotton prices dropped by 37% in July.
Based on the sharp rise in export volume, we speculate that the export of yarn to China has risen sharply.
The value chain, product categories, such as knitwear, bedding and clothing, still drag on.
Exit
Income fell by 5-15% compared to the same period last year, although the average unit price kept decreasing.
Exports of cotton cloth increased from US $530 million 291 thousand in the same period last year to US $5 trillion and 941 billion 700 million this year, an increase of 12.05% over the same period last year, while the exports of yarns (excluding cotton yarns) increased by 117.46% from 475 thousand US dollars to 1 million 44 thousand US dollars.
Although the Central Bank of Pakistan provides a discount tax rate, the continued high cost of energy and power generation will continue to pose a risk to textile exporters to achieve their goals.
It is estimated that
Pakistan
The output of cotton could reach 15 million packs, which matched the output of the first cotton season. However, the final stock rose to 74 million 700 thousand packs. This shows that the textile department of the added value sector is facing a downturn, and has its own advantages in sewing garments. Therefore, Nepal is competing against India with its own advantages.
Nepalese clothing exporters show an upward trend in India's exports.
The domestic market lacks cotton yarn. They need to deliver Christmas and New Year holidays on time, but now they are in a dilemma.
Weak demand in the US and eurozone.
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