Morning routines in Faisalabad’s spinning and weaving units often begin with a number from New York. Alongside yarn orders and power bills, managers may check the overnight settlement of ICE cotton futures, the benchmark that shapes what imported fiber will cost and, increasingly, what domestic cotton is worth. In a city that produces a large share of Pakistan’s textile exports, that figure can influence purchasing decisions. Import parity explains the attention. Pakistan’s own cotton harvest has frequently fallen short of mill demand in recent years, so spinners routinely buy fiber…
Read MoreTextile Exporters in Faisalabad Track Cotton Futures Rather Than CFDs Trading Screens
