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Pakistani cotton yarn offers up, Indian ones flat

Offers for Pakistani cotton yarn move up and trading is moderate. Pakistani quality siro-spun 10S Dec-Jan shipment is mainly quoted at around $2.37/kg, equal to around 19,500yuan/mt after-tax. 

Transactions of Indian cotton yarn are modest and price is steady. Indian carded 32S for air-jet Dec-loaded cargos are mainly pegged at around $2.8/kg, equal to around 22,900yuan/mt after-tax, and players hold bearish view about market trend. 


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