Home / Knowledge / News / Textiles / Volumes in wool yarn market increases but prices stay flat
Volumes in wool yarn market increases but prices stay flat
10
Feb '09
In the just concluded week, downstream transactions of sweaters looked slightly active and thin sweaters for spring season gradually started arriving in markets. Trade volume of wool yarn also picked up. Market sales of Australian wool and acrylic yarns increased at a steady pace and prices remained stable.

Looking at the market trend of varieties, market turnover of Australian wool knot-free yarns, which is one of the mainstream products in the market, continued to rebound in the week. Market trend of China made fine wool-spinning yarns were stable, while volumes of Australian acrylic yarn enlarged compared with that of the previous week.

Downstream demand of imitation rabbit hair yarn Iceland 1.8Nm / 1 20N: 80A increased, but prices held steady at about 27,000 Yuan per ton.

Acrylic yarn market witnessed normal trade volumes, with no particular change in price movements; Australian wool & acrylic mercerizing shrink proof yarn have been selling briskly as these are used in knitting of spring sweaters. The market price of 48Nm / 2 30:70 stood at about 55000 Yuan per ton.

Shipment of imitation cashmere was smooth during the week, market price was stable, for example, imitation cashmere 28s / 1 and 36 s / 2 were offered at 25,000 Yuan and 26000 Yuan per ton, respectively. Market volumes of rabbit wool yarn grew, but prices stayed flat compared to that of the previous week.

In addition, market volume of blended lamb wool and nylon yarn 4Nm / 1 50:50 expanded, with prices quoted at 43500 Yuan per ton. The blend is mainly used in production of lady's skirt sets.

The market transactions indicate that a certain sales of downstream sweaters were shipped to North region, due to which demand for Australian wool and acrylic yarn is expected to increase. Market transactions of various raw materials in wool yarn market will not see any large shrink in early March too.

Fibre2fashion News Desk - China

Must ReadView All

President Tsai Ing-wen delivering remarks before boarding her plane bound for Central America. Courtesy: Presdient's office

Textiles | On 16th Jan 2017

‘Textiles at centre of Taiwan’s new trade arrangements’

Textiles should be at the heart of Taiwan’s thinking while developing ...

Apparel/Garments | On 16th Jan 2017

Ralph Lauren develops policy on tracking wood based fabrics

In a bid to trace source of wood based fabrics like viscose and rayon ...

Apparel/Garments | On 16th Jan 2017

EC proposes enhanced market access for Sri Lanka

The European Commission (EC) has proposed that a significant part of...

Interviews View All

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Steve Cole
Xerium Technologies

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

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Sonam & Paras Modi
SVA

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

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
January 2017

January 2017

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

SUBSCRIBE


Browse Our Archives

GO


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