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

Courtesy: Li & Fung

Textiles | On 24th Mar 2017

Li & Fung forms new supply chain partnership with PVH Corp

Li & Fung Limited, the world's leader in consumer goods design,...

Courtesy: Alizilla

Apparel/Garments | On 24th Mar 2017

Alibaba's eWTP finds first overseas base in Malaysia

In a step towards using the internet to bring small businesses around ...

Textiles | On 24th Mar 2017

BJMC to produce cotton-jute blended denim fabrics

To meet demand from the market, Bangladesh Jute Mills Corporation...

Interviews View All

Jim Desai
Blaiva Fabricaa

Fashion industry likely to remain labour-intensive in coming years

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Larry L Kinn
Suominen Corporation

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

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Pranav Mishra
Huemn

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

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

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

news category


Related Categories:
March 2017

March 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