Spot cotton yarn price in Hebei, Shandong and Henan markets is rising slowly in recent days. Market conditions of downstream textile sector are showing better signs, due to which transactions in some areas have improved.
Some cotton yarn manufacturers have increased their offers. Currently mainstream price of C32s yarn is 26,500-27,000 Yuan / ton and of higher quality are quoting at 28,000 Yuan / ton.
In recent days, prices of polyester staple fiber and cotton prices have risen, which has pushed the cost of polyester/cotton yarn. Currently mainstream price of P63/C35 32s is 21,000-21,500 Yuan / ton and of good quality, it is 22,000 Yuan / ton.
Price of viscose staple fiber too is ascending, along with hike in rayon yarn price also. Currently mainstream price of R 30s ranges between 23,500-24,500 Yuan / ton and lower level price is 22,500-23,000 Yuan / ton.
Fibre2fashion News Desk - China
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