Pakistan textile sector faces mixed outlook as cotton prices surge, India

Pakistan’s textile sector stands at a crossroads, with near-term opportunities emerging from rising global cotton prices and demand, though significant challenges loom on the horizon. According to reports, global cotton demand is expected to grow by 2% in 2026-27, primarily driven by the United States and the European Union. Meanwhile, the United States Department of Agriculture forecasts a 3.8% year-on-year decline in global output, which is likely to keep cotton prices elevated on a comparative basis. The recent uptrend in cotton prices and demand presents a near-term opportunity for Pakistani exporters. Global Cotton Prices Surge Amid Tightening Supply The global…