Pakistan Local Cotton Market:
(The local cotton market faced a decline in activity due to reduced arrivals and quality issues, prompting a shift toward competitively priced imported cotton. Pakistan has become the leading importer of American cotton, with imports expected to reach 6 million bales to support its textile sector. Meanwhile, falling oil prices and a weaker dollar index made US cotton more attractive to global buyers)
1- The activity in the local cotton market experienced a noticeable decline compared to the previous week. This drop was primarily attributed to a reduction in the overall arrivals of cotton, which led to a diminished supply.
2- Furthermore, the quality of the available cotton also deteriorated, discouraging buyers from engaging in significant purchasing activity within the local market.
3- As a result, buyers began shifting their interest toward imported cotton. The preference for imported cotton was driven by its competitive pricing and superior quality compared to the locally available options. This shift highlighted the growing reliance on imports to meet market demands in situations where local production fails to meet expectations in terms of both volume and quality.
4- Pakistan has emerged as the top global importer of American cotton, fueled by duty-free imports and a decline in domestic production due to unfavorable weather conditions. According to the US Department of Agriculture, Pakistan has imported 2 million plus bales, overtaking Vietnam, Turkiye, and China. Additional agreements with the US, Brazil, and other countries are expected to bring total imports to
6 million bales to support the demands of its textile sector.
5- ICE cotton prices increased in this week due to a continued decline in the dollar index, making US cotton purchases more affordable for overseas buyers. In the crude oil market, international oil prices fell as an unexpected increase in US commercial crude oil inventories last week overshadowed easing supply concerns.
6- Last week, cotton prices in Punjab and Sindh showed soft / downward trend and traded in range of 16,500 to Rs 17,600 per maund, (USC 74~ 77 lbs). In Sindh, cotton rate was Rs 16,500 to Rs 17,500 per maund, while in Punjab it ranged from Rs 16,700 to Rs 17,600 per maund. KCA drop Rs. 100 to at the of.17,400 Rs per maund, PSF was same at Rs. 357 PKR/kg.
Local Yarn Market:
(The local yarn market remained sluggish, with stable prices and limited demand. Suppliers faced challenges in managing inventory and navigating rising costs. While PSF prices remained stable, global uncertainties and domestic cash flow issues could impact future market dynamics)
1- The local yarn market continued to exhibit subdued activity this week, with stable prices and limited demand.
2- Suppliers faced challenges in offloading excess inventory, particularly in light of rising input costs and a slowdown in global demand.
3- PSF prices remained stable, reflecting a balanced supply-demand scenario. However, the potential for price fluctuations persists due to global uncertainties.
4- The Faisalabad yarn market experienced mixed activity. While demand for fine counts and polyester-viscose (PV) yarns remained steady, overall sentiment was cautious due to persistent cash flow constraints.
| Count | Price in Pak Rupees / 10 LBS | Price US$/Bale |
| 16/1 Carded Weaving | 3275 – 3340 | 475 – 485 |
| 20/1 Carded Weaving | 3350 – 3450 | 485 – 500 |
| 30/1 Carded Weaving | 3700 – 3800 | 535 – 550 |
| 20/1 Combed Weaving | 3850 – 3950 | 555 – 570 |
| 30/1 PC Carded Weaving 52:48 | 3100 – 3250 | 450 – 470 |
| 40/1 Combed Compact Weaving | 4400 – 4475 | 635 – 650 |
| 60/1 Combed Compact Weaving | 5900 – 6150 | 855 – 890 |
| 80/1 Combed Compact Weaving | 8000 – 8200 | 1160 – 1185 |
| 40/1 CVC Carded Weaving 60:40 | 3800 – 3950 | 550 – 570 |
Export Yarn Market:
(The export yarn market remained under nominal business activity. customers floated good numbers of inquiries against which suppliers remained firm and stable)
1- The export yarn market showed a subdued trend, with firm prices and minimal trading activity.
2- Customer inquiries were reasonable, leading to a low number of confirmed orders.
3- Market dynamics remained uncertain, causing buyers to delay their purchasing decisions.
4- Sluggish activity is expected to persist, while prices are likely to stay steady as suppliers hold firm positions and show no urgency to reduce rates further.
5- Chinese buyers were reluctant to place new orders in last couple of weeks. However, this week, they have placed orders with slight price correction as RMB is getting stable against USd.
6- Similarly, European buyers exhibited little interest, with few inquiries and limited transactions taking place.
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Local Fabric Market:
(A firm trend was witnessed in the local fabric market with limited business activity. Looking ahead, the market is expected to remain stable with firm prices and minor trading fluctuations)
1- The local fabric market exhibited a firm trend this week, with limited trading activity for both narrow and wider-width fabrics.
2- Local buyers made inquiries and placed some orders in limited quantities after tough negotiations. Similarly, local brands also made inquiries, with limited order confirmations at the same price level as last week.
3- Most weavers have booked their narrow-width looms until mid-January 2025 and their wider-width looms until the end of January 2025 or early February 2025. They are now offering deliveries beyond these dates.
Export Fabric Market:
(Moderate business was noticed during the week. The prices were stable with a soft tone due to soft raw material prices. Suppliers are expecting stable business in days to come)
1- The export fabric market responded comparably slowly during the week under review.
2- Far Eastern customers were active in the market and exchanged a good flow of inquiries; however, order confirmation was slow.
3- Askin prices were a bit soft due to softness in raw material prices, resulting in 1~2% lower prices than the last few weeks.
4- Suppliers are booked for narrow width till end of Jan and offering Feb onward deliveries.
5- The European and USA markets were moderate during the week.
6- There was a good flow of inquiries, resulting in decent bookings both in narrow and wider width fabrics.
7- Prices for wider width remained stable due to stable yarn prices for fine-count yarn.
8- Suppliers are booking their wider width looms till the end of Feb and offering Mar onward deliveries.
| Local and Export Fabric Prices | ||||||||||||
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Bed Linen and Towel:
(Despite ongoing demand and inquiry flow, overall market activity remains slow as buyers proceed cautiously. Vertically integrated units are securing business, while smaller setups focus on local and commercial markets to sustain operations)
1- The home textile market exhibited sluggish trends this week. Vertically integrated units secured orders by offering competitive prices and absorbing reduced profit margins, thanks to their financial stability.
2- Mid-sized and smaller companies faced intense pressure from rising production costs and buyers’ aggressive price targets.
3- While there is demand and inquiry flow in the market, the overall pace of business remains sluggish, indicating cautious buyer behavior.
4- Many export-focused units have shifted their operations to local and commercial orders to maintain production cycles.
5- Industry professionals are actively preparing for Heimtextil, which remains a key focus for stakeholders.
Garments:
(Generally, garment demand is slow due to uncertain economic situations around the globe. However, Pakistan gets enough orders from EU and UK to fill their capacities. The denim sector is optimistic about getting more orders during 1st quarter of 2025 for sustainable products)
1- Pakistan’s garment sector has faced numerous challenges. Despite increased competition from Bangladesh, Vietnam, and Cambodia in low-cost textile production, Pakistan’s apparel industry still receives sufficient orders to meet their production capacities.
2- In contrast, dyeing units experienced a scarcity in the 4th quarter of 2024. As time passes, a glimmer of optimism emerges as brands place new developments for FW25/SS26 that represent positive views. Ultimately, this will drive demand in the apparel industry, resulting in orders in the fourth quarter of 2024. However, factories are offering deliveries from the Early March 2025.
3- The worldwide denim market is struggling with inflation, but makers remain optimistic about the future.
Crude Oil:
1- Crude oil prices opened at USD 68.94, a lower level as compared to last week’s closing figures. This week, crude oil prices showed a downward trend and closed on the lower side by the end of the week.
2- In the last day of the week, crude oil prices closed at USD 68.00 with a decrease of 94 USD cents as of the opening figure of the week.
| Opening of Week | Closing Of Week | Change | |
| Price | 68.94 | 68.00 | -0.94 |
Exchange Rate:
1- In last week values of Pak rupee apricated against US Dollar’s, other major currencies showed mix trend in both interbank and open markets.
2- At the end of the week, the Euro closed on a positive note with a figure of 1.05 and the British Pound also closed on positive note with a figure 1.27 against USD.
| Selling | Buying | |
| LC Sight | 276.29 | 276.24 |
| LC 120 Days | 266.64 | 266.59 |
| Open Market | 281.08 | 275.17 |
NewYork Cotton Future:
The New York Cotton Futures (NYCF) opened the week higher than the previous week’s close, showing an upward trend throughout and closed on higher note at the end of the week.
1- December 2024 Closed at 73.35, marking a rise of 15 points from the previous week.
2- March 2025 Ended at 71.93, up by 73 points compared to the previous week.
3- May 2025 Finished at 72.98, reflecting an increase of 26 points from the previous week.
4- July 2025 Closed at 73.93, gain of 25 points from the previous week.
Liver Pool Indices:
1- Liverpool Index A was opened at 80.95, a higher level than the previous week’s closing figure.
2- This week, Index “A” showed an upward trend and closed on the higher side by the end of the week.
3- On the last day of the week, LPI “A” closed at 82.00 with an increase of 105 points.
| Opening of the Week | Closing of the Week | Change | |
| Index A | 80.95 | 82.00 | 1.05 |
