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Chinese yarn market trends in New Year
04
Jan '13
The demand for all-cotton yarn 30s was good in Chinese market during the first two days of trading after the market re-opened post-New Year holidays.
 
The prices of all cotton yarn 21s and 32s were assessed at 21,400 yuan/ton and 25,800 yuan/ton, respectively. The prices of all cotton combed yarns 32s and 40s were quoted at 28,500 yuan/ton and 30,600 yuan/ton, respectively.
 
Prices of polyester/cotton yarns 90/10 and 80/20 as well as viscose yarn 40s remained stable.  However, price of polyester/cotton yarn 65/35 32s increased slightly to 19,600 yuan/ton.
 
There was slight increase in price of polyester staple fibre (PSF), which rose to 11,250 yuan/ton, but overall trade volume was not large. However, trade volume of polyester yarn 45s increased slightly.
 
Prices of polyester yarns 32s and 45s were around 14,800 yuan/ton and 15,700 yuan/ton, respectively.
 
Prices of rayon yarn remained stable, but there was a rise in demand for rayon yarn 10s. Prices of rayon yarn 20s and 30s remained around 17,200 yuan/ton and 18,100 yuan/ton, respectively.
 

Fibre2fashion News Desk - China

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