Home / Knowledge / News / Textiles / Demand declines in China's domestic yarn market
Demand declines in China's domestic yarn market
Jan '14
The downstream demand in China’s domestic yarn market has declined since December 15, and the situation is worse than that prevailing this time of the year in earlier years.
As the yarn market is very depressed, prices continue to show weakness, and a number of firms and some traders are planning to advance their holiday to January 10, 2014.
Downstream firms generally choose sourcing domestic or imported yarn, depending on the price difference. Under normal circumstances, the companies will choose to buy imported yarn if the price difference is more than 1,000 yuan/ton, and will choose to buy domestic yarn if the price difference is less than 1,000 yuan/ton.
At present, the actual transaction for 32 carded imported cotton yarn is at around 24,500 yuan/ton, while the actual transaction price for 32 carded domestic cotton yarn is in the range of 25,500-26,000 yuan/ton.
Similarly, the present actual transaction price of imported 21 combed bleached cotton yarn is at around 26,000 yuan/ton, while the price for the domestic variety is at around 27,000 yuan/ton. Thus, the price difference between imported and domestic yarn is close to or more than 1,000 yuan/ton.
Therefore, a relatively large number of textile mills choose imported yarn in their recent orders, which is a reason for lower demand in the domestic yarn market.
Although the price of yarn from India and other countries has risen, it is still lower than the price of the domestic yarn.
In the current scenario, taking into account such factors as cost advantages, some large-scale textile enterprises are planning to make investment overseas. For example, Huafu color spinning has announced US$ 136 million investment plans in Vietnam.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Li & Fung

Textiles | On 29th Mar 2017

Li & Fung introduces new 3-year plan 2017-2019

Li & Fung Limited has outlined its next Three-Year Plan (2017-2019)...

Courtesy: Carrington

Apparel/Garments | On 29th Mar 2017

Carrington Workwear signs JV with TMG Textiles

Carrington Workwear, one of the largest producers of workwear fabrics ...

Apparel/Garments | On 29th Mar 2017

Jabong launches Aeropostale on its platform

Jabong has added leading American high-street fashionwear brand,...

Interviews View All

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Awen Delaval

'Natural fibres are appreciated for traditional authenticity'

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search