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Modal fibre prices dip in India, steady in China and Pakistan

Insights

• The major markets for modal fibre in China, India and Pakistan have shown divergent pricing trends.
• Recently, China traded modal fibre at $2.89 per kg, India at $2.51 and Pakistan at $3.20.
• Prices in Pakistan have been rising, contrasting with the decline seen in India.
• Modal fabric, made from beech tree cellulose, is considered eco-friendlier than cotton.