For traditional yarn sales mode, due to the opaque information, yarn marketing is difficult to find, the cost of sales increased dramatically, the company operating costs and management efficiency is low, appearing serious information asymmetry between spinning mills and intermediate traders, yarn traders and weaving factories, the emergence of spinning mills and intermediate traders, yarn traders and weaving factories. Because of the asymmetry of information such as the opacity of yarn quality standard, many yarn manufacturers compete homogeneously and waste unnecessary resources. Networking technology is a technology full of unlimited possibilities. It can also bring unlimited possibilities for traditional yarn sales. It can not only expand the transparency of the industry, reduce the cost of procurement, transaction costs to the lowest, but also has greatly improved spinning mills, traders, weaving mills trade between efficiency, accelerating the industry within the survival of the fittest.
Pakistan's cotton production this year was 10.471 million bales, down 6.80 percent from the same period last year, due to reducing planting areas and adverse effects such as the use of inferior seeds and pesticides.
It is estimated that in 2018-2019, only 6 million acres of cotton were cultivated on 9 million acres of land earmarked for cotton cultivation in Pakistan. Pakistan's prime minister, Imran Khan, also noted the decline in cotton production and asked authorities to take the necessary measures to achieve the annual production target of 15 million bales of cotton next year. Punjab, Pakistan's largest cotton-producing province, produced 6.592 million bales of cotton this year, compared with 4.149 million bales in Sindh, according to data. As the country's only organic cotton production province, Baluchistan produces 117800 bales of cotton, all of which produce 117800 bales. A downward trend.
The status of chemical fiber filament in yarn industry is increasingly prominent, and the development situation after 2000 is obviously stronger than short fiber, especially the soaring cotton price in 2010-2011, the market of chemical fiber filament products ushered in a prosperous period, and the volume price rose. It can be said that in the new century, the development of chemical filament contributed to the continuous growth of global yarn production. Through continuous growth, the percentage of filaments in yarns has increased from 35.5% in 2000 to 54.0% in 2017, and the output has reached 46.6 million t. In terms of the expansion of terminal applications, the growth of different types of filament varies.
