Opening snapshot
Pakistan**;s polyester filament yarn (PFY) market diverged sharply from other major Asian markets during the week ended July **, ****. Domestic DTY ***D/**F fell *.** per cent to PKR ***/kg, while POY ***D/**F declined *.** per cent to PKR ***/kg, marking the steepest weekly losses recorded by TexPro across the region.
The decline was neither currency-driven nor triggered by import pressure. The Pakistani rupee remained broadly stable near PKR *** per US dollar throughout the week. The correction was driven by weak domestic buying rather than currency movements or import pressure, highlighting the increasingly different market dynamics shaping Pakistan, China and India.
Key price movement
