Pakistan Local Cotton Market:
(Despite ongoing challenges, cotton prices showed firmness. Market trends indicate a modest improvement, although the overall business volume remains on the decline. Meanwhile, the New York cotton market has shown a mixed trend)
1- The local cotton market, Over the past week, the cotton market showed relative stability. Textile mills were cautious in their purchasing, leading to low business volume. Meanwhile, New York cotton futures showed a mixed to low pattern.
2- On the other hand, ginners are stockpiling relatively high-quality cotton, anticipating a price increase in January, as December bank closings will affect payments. However, many ginners are making deals on the condition of January payment.
3- Locally, the facilitation of the Export Finance Scheme (EFS) has severely impacted the domestic spinning sector. As a result, there has been a significant increase in imports of cotton, cotton yarn, and fabric, causing losses to local ginners and farmers.
4- International cotton market continues to exhibit a mixed trend. According to the USDA’s weekly export sales report, two lac and seventy-nine thousand and one hundred bales were sold for the year 2024-2025. Turkey was on number one by purchasing one lac and eight thousand and seven hundred bales. Vietnam was in second place with the purchase of one lac and four thousand and five hundred bales. Pakistan secured the third position by buying forty-one thousand and nine hundred bales.
5- For the year 2025-2026, twenty-nine thousand and five hundred bales were sold. Pakistan topped the list of buyers by purchasing twenty-two thousand bales, followed by Turkey with the purchase of seven thousand and five hundred bales.
6- With over 2,200 Pakistani professionals set to attend the four-day Heimtextil 2025 event in Frankfurt, Germany, the country is poised to make a significant mark on the global textile industry. Supported by more than 1,200 staff, over 270 exhibitors, and a large number of Pakistani visitors, this event showcases Pakistan’s strong position as a key player in the global textile market. The sustained demand for Pakistani textile products further solidifies the country’s reputation in this domain.
Local Yarn Market:
(The local yarn market exhibited a mixed performance this week. While overall activity remained subdued, demand for certain yarn types, such as fine cotton counts, showed some improvement. However, challenges such as cash flow constraints and pressure on coarse count sales persisted. The market outlook remains cautious, with stable prices and the potential for increased volatility in the coming weeks)
1- The local yarn market remained stable with limited business activity and pressure on coarse count sales.
2- Suppliers face cash flow challenges due to shortened payment cycles and the need to manage inventory during the year-end period.
3- PSF prices remained stable this week and are expected to continue stable by next week.
4- The Faisalabad yarn market exhibited a stable trend & witnessed a rise in demand for fine cotton counts, especially 60/1 CM, driven by seasonal demand for fabric.
Count | Price in Pak Rupees / 10 LBS | Price US$/Bale |
16/1 Carded Weaving | 3200 – 3300 | 465 – 480 |
20/1 Carded Weaving | 3320 – 3425 | 480 – 495 |
30/1 Carded Weaving | 3650 – 3800 | 530 – 550 |
20/1 Combed Weaving | 3800 – 3925 | 550 – 570 |
30/1 PC Carded Weaving 52:48 | 3050 – 3200 | 440 – 465 |
40/1 Combed Compact Weaving | 4350 – 4450 | 630 – 645 |
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 slow business tone. Customers from all regions remained under festive mode due to Christmas and New Year holidays. We might see business activity pick up once buyers are back from their holidays)
1- The export yarn market remained firm and stable with nominal business activity due to Christmas and New Year holidays in most of the regions.
2- Customer floated limited numbers of inquiries against which order materialization was dull.
3- Suppliers remained firm in asking their price due to high costs of production and good sales positions.
4- The Pakistani rupee against the USD is showing stable sentiment, which is another reason for unchanged yarn prices for the export market.
5- The Pakistan cotton crop is finished, and cotton prices in the domestic market will remain stable with a tendency to increase due to limited stock availability.
6- Chinese buyers kept on buying cautiously due to the weak RMB against the USD. It is expected that customers will indulge themselves in buying before CNY, which will give handsome support to the market.
7- European buyers were silent due to holidays, and no such activity was witnessed.
Export Yarn Prices | ||||||||||||||||
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Local Fabric Market:
(The local fabric market was sluggish during the week. For the upcoming weeks, we anticipate a slow trend for both narrow and wider-width looms, with slight fluctuations in price trends)
1- The local fabric market experienced sluggish sentiments and slow trading activity throughout the week for both narrow and wider-width fabrics.
2- Local finishers attempted to support the market by booking orders after tough negotiations, resulting in improved activity compared to the previous week.
3- Local brands shared limited inquiries and focused on booking urgent orders only.
4- Air Jet loom weavers have booked their narrow-width looms until early February and extended their bookings for wider-width looms until the end of Mar, offering onward deliveries.
Export Fabric Market:
(The export fabric market was slow due to the holiday season. The prices have been stable for the last couple of weeks. Suppliers are expecting business activity from mid-Jan onward)
1- The export fabric market remained slow and dull during the week due to the holiday season.
2- Customers have exchanged a limited number of inquiries, resulting in very limited business confirmation.
3- The asking prices are stable since the last couple of weeks due to stable raw material prices.
4- Suppliers are booked till the end of Jan and offering early to mid-Feb onward deliveries.
5- European and USA buyers were aside of buying due to Christmas holidays.
6- Wider-width suppliers are booked with their looms till the end of March and offering April-onward deliveries.
7- Most of the wider-width units are running double-panel fabric of local brands; thus they are in a comfortable sales position.
Local and Export Fabric Prices
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Bed Linen and Towel:
(Nominal business activity was seen in the home textile sector due to the holiday season. It is expected to pick up the business during or after the Heimtex fair following the holiday season slowdown)
1- Business activity remains minimal due to the ongoing holiday season in Europe and the West.
2- Most buyers are currently on holiday, leading to limited inquiries and order finalizations.
3- Discussions and order confirmations are expected to resume during or after the Heimtextil event.
4- Business activity is expected to pick up during or after the Heimtextil event, following the holiday season slowdown.
Garments:
(Pakistani garment manufacturers are running at good capacity and waiting for orders to fill the rest of the space, also anticipating more orders; nevertheless, there is some hope that some of the country’s top retail brands have started placing orders with selected units)
1- The garment industry in Pakistan is likely to continue to contribute significantly to the country’s economy, despite potential obstacles posed by the industry’s need to adapt to changing global market conditions.
2- However, knitting and dyeing capacities are being partially filled until March 2025, according to various sources. This demonstrates the positive market attitude in Pakistan due to increased demand from numerous European clients and some from the USA market, particularly from several large retailers, for new orders, factories are offering mid-April 2025 onward deliveries.
3- A few factories are also creating developments for the FW25/SS26 collection. Meanwhile, there are still some factories hiring more labor to fulfill customers’ demands.
4- With challenges like fluctuating dollar rates and cotton prices, denim producers are finding it hard to secure customer-required FOB as compared to other denim countries.
Crude Oil:
1- Crude oil prices opened at USD 69.24 with a lower level as compared to last week’s closing figures. In this week, crude oil prices showed an upward trend and closed on the higher side by the end of the week.
2- On the last day of the week, crude oil prices closed at USD 70.60 with an increase of 1.36 USD cents as of the opening figure of the week.
Opening of Week | Closing Of Week | Change | |
Price | 69.24 | 70.60 | 1.36 |
Exchange Rate:
1- In the last week, the value of the Pakistani rupee appreciated against the US dollar; other major currencies showed mixed trends in both interbank and open markets.
2- At the end of the week, the euro closed on a negative note with a figure of 1.04, and the British pound closed on a positive note with a figure of 1.25 against the USD.
Selling | Buying | |
LC Sight | 276.39 | 276.34 |
LC 120 Days | 267.02 | 266.97 |
Open Market | 281.13 | 275.07 |
New York Cotton Future:
The New York Cotton Futures (NYCF) opened the week higher than the previous week’s close, showing a mixed trend throughout, and closed on a lower note at the end of the week.
1- March 2025 ended at 68.89, down by 53 points compared to the previous week.
2- May 2025 Finished at 69.96, reflecting a decrease of 51 points from the previous week.
3- July 2025 Closed at 70.99, a drop of 37 points from the previous week.
4- October 2025 Closed at 69.49, marking a drop of 33 points from the previous week.
Liver Pool Indices:
1- Liverpool Index A was opened at 78.15 on lower level from the previous week of closing figure.
2- In this week Index “A” showed upward trend and closed on higher side by the end of week.
3- At last day of the week, LPI “A” closed at 79.60 with increase of 145 points.
Opening of the Week | Closing of the Week | Change | |
Index A | 78.15 | 79.60 | 1.45 |