Despite the acute shortage of cotton yarn in the country, spinners have booked $300 million fresh orders for export of the commodity. The shortage of cotton yarn has left adverse affect on the value-added textile sector in the shape of high prices of cotton yarn and in some cases even its non-availability has created problems for them to operate their units.

Cotton yarn is the basic ingredient of the value-added sector, however high prices have made value-added textile products uncompetitive in the international market and furthermore shortage has been making difficult for them to meet the export orders.

Value-added textile manufactures regretted that no action has been taken on part of the government to save the sector from crippling and came hard on Trade Development Authority of Pakistan (TDAP), which has been oblivious to the precarious situation the textile sector.

With a net deficit in cotton demand and supply balance sheet in Pakistan this season (2009-2010), it is anticipated that lint prices would show a phenomenal increase, suggests Globe Cotton.

Therefore, several ginning factories, particularly in Sindh have closed down or have reduced their working by several hours. Under these circumstances, mills in Pakistan have increased their inquiries for imported cottons and are seeking viable rates from several origins to replenish their inventories.