Opening snapshot
Pakistan**;s Modal *.*D staple fibre recorded the week**;s sharpest move, surging *.** per cent within a single trading day from PKR ***/kg (~$*.**/kg) on Monday to PKR ***/kg (~$*.**/kg) on Tuesday before holding that level through Friday. In contrast, China**;s Modal *.*D remained unchanged at CNY **,***/mt (~$*,***/mt), while India**;s Modal *.*D held steady at ****;***/kg (~$*.**/kg).
The Pakistani rupee strengthened to a **-month high near PKR *** (~$*) per US dollar, eliminating currency depreciation as the driver. The increase was instead the result of higher domestic production costs, led by energy prices and imported raw-material inflation.
Key price movement
