The Prospects For Asian Yarn Trade Are Bright.

P duck duck is a yarn trader, with more than 160 years of yarn history and experience. Now it has become the leader of the industry, and its trade is all over Asia.

Recently, a href= "//www.sjfzxm.com/" > yarn trade < /a >, the reporter interviewed Sales Manager Rashard (Mahmood Rashad).

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< p > reporter: Duck Du Lali Group specializes in yarn trade, and should be very familiar with relevant situations.

Please introduce the situation of cotton yarn imported from India and Pakistan in recent period.

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< p > Rashard: since last year, China's imports of India and Pakistan < a href= "//www.sjfzxm.com/news/" > cotton yarn < /a > have seen substantial growth, but there has been a recent fluctuation.

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< p > imported yarn trade is affected by weather and economic situation, especially by cotton price.

In the past two months, the export intentions of India and Pakistan spinning mills have been reduced due to declining profits.

However, usually seven or eight months, India and Pakistan have adequate supply of cotton, while China will be in short supply.

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< p > reporter: how do you see the future trend of yarn trade? < /p >

< p > Rashard: because of China's cotton policy and labor cost, India and Pakistan are more competitive in some fields.

So we are optimistic about the future of yarn trade.

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< p > reporter: it is understood that India and Pakistan enterprises also have high demand for Chinese high and medium yarn. Is the duck's group engaging in related trade? < /p >

< p > Rashard: we haven't started any business yet, but we also see the prospect in this area.

The Ducal group is preparing to set up a special department to trade in this area.

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P: reporter: the duck Du Lali group has a history of more than 160 years. What makes the company last forever? < /p >

< p > Rashard: in 1841, Seth Ebrahim Noordin, who survived a shipwreck, followed British East India Co to Hongkong, China.

1 years later, he founded the duck's company, to carry out trade in cotton, silk and tea, and to create the earliest ferry service in Hongkong.

In 1951, ducal's company changed from a partnership to a limited liability company, Abdoolally Ebrahim & Co (H.K.) Ltd, which is currently the main Affiliated Companies of the Hongkong duck group (AEG).

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< p > despite the fact that most of the early established India companies no longer exist, AEG has not only experienced many frustrations and wars, but also suffered many economic downturn and foreign trade embargo.

Once a barren land in Hongkong, it has become the world's largest commercial center. The group has also been fortunate to emerge as a multinational company with bright prospects.

Today, under the control of the fifth generation of the family, AEG innovates and successfully reorganized into an enterprise entity.

We are not only one of the oldest trading companies in Hongkong history, but also the oldest customer in HSBC.

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"P > AEG has more than 160 years of yarn history and experience. Now it has become the leader of the industry, and its trade is all over Asia. Through the huge supplier network, it provides customers with high quality natural yarns and synthetic yarns.

With meticulous after-sales service, insistence on adopting the best raw materials, excellent quality control process and modern computer testing equipment, the group has established a high reputation in the industry of < a target= "_blank" href= "//www.sjfzxm.com/" > textile < /a >.

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In the changing trade area, sticking to the principle of good faith is the key to the long development of P.

In addition, we are happy to share and actively grasp the latest market intelligence on raw material prices, market trends, supply and demand balance and so on. We have successfully kept the group's a href= "//www.sjfzxm.com/news/index_c.asp" > textile industry < /a > maintained a healthy growth trend.

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