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Chinese cotton yarn prices continue to show stable trend
Apr '13
The spot prices of domestic cotton continue to remain stable in China and hence, the prices of pure cotton yarn are also stable. However, there is slight adjustment in supply situation.
At present, the mainstream price of cotton yarn C32s is 26,000 yuan/ton, while the price of higher grade yarn is in the range of 26,500-27,500 yuan/ton, in main cotton yarn producing provinces of Shandong, Hebei and Henan.
Meanwhile, the prices of polyester staple fibre continue to rise and hence, the prices of polyester/cotton yarn shows upward trend. Currently, the mainstream price of T63/C35 yarn 32s is 19,500 yuan/ton, and the price of higher grade is around 20,000 yuan/ton in mainstream Chinese markets.
Similarly, the prices of viscose staple fibre are showing a slow upward momentum, due to the start of sales of summer cotton products. At present, the mainstream price of rayon yarn 30s is 18,500 yuan/ton and the price of higher grade is around 19,000 yuan/ton in major Chinese markets.

Fibre2fashion News Desk - China

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