Views: 2 Author: Site Editor Publish Time: 2019-12-19 Origin: Site
Great changes have taken place in 2019 market share of China's imports of cotton yarn originate from Pakistan mainly because tariff issues affected some companies operating, and the resulting changes in customs data also raised questions for imported yarn market. So what about domestic and foreign markets of China's imports of cotton yarn originate from Pakistan after three quarters in 2019? Price of Pakistani cotton continued to rise, what is the impact of domestic cotton and cotton yarn market, and what is the impact on the international cotton and cotton yarn market?
China-Pakistan cotton yarn trade overview
According to customs data, China's imports cotton yarn originate from Pakistan reached 97.5kt, down by 60% year-on-year. According to market research, this was not the case. A large number of China's imports of cotton yarn originate from Pakistan were not captured by statistical system due to customs data statistical caliber problem. It was estimated that China's imports of cotton yarn originate from Pakistan accounted for 240kt in Jan-Sep 2019, down by 10.5% year-on-year.