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

Union textiles minister Smriti Irani addressing at the Texprocil Annual Export Awards. Courtesy: PIB

Textiles | On 22nd Oct 2016

Govt to extend special package to home textiles segment

The Central government is likely to extend the recently approved Rs...

Reebok Liquid Speed Grey. Courtesy: Business Wire

Apparel/Garments | On 22nd Oct 2016

Reebok’s Liquid Factory brings sneaker creation to US

Reebok, a pioneer in the sporting goods industry, has brought sneaker ...

Courtesy: GHCL

Textiles | On 22nd Oct 2016

GHCL to invest Rs 67.25 crore in textile division

Chemicals and textiles firm GHCL will invest Rs 67.25 crore in its...

Interviews View All

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Rashi Menda

Every fifth sale we make on Zapyle is a repeat purchase

Veronique Lee

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Marcel Alberts

Coating at a fibre level is a practice not usually seen in the...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Mike Hoffman
Gildan Activewear SRL

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

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

October 2016

October 2016

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


Browse Our Archives


Advanced Search