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: American Silk Mills

Textiles | On 18th Oct 2017

Sutlej Textiles adds American Silk Mills to its portfolio

Sutlej Textiles and Industries Ltd (STIL) has announced the...

Arvind Limited executive directors Punit Lalbhai (left) and Kulin Lalbhai explaining the project to Gujarat chief minister Vijay Rupani. Courtesy: Arvind Ltd

Apparel/Garments | On 18th Oct 2017

Arvind to set up mega apparel facility in Gujarat

Arvind Limited, one of India’s largest textile to retail...

Cotton stocks accumulating everywhere outside of China

Textiles | On 18th Oct 2017

Cotton stocks accumulating everywhere outside of China

Global cotton stocks outside of China are expected to rise by nearly...

Interviews View All

Darshan Mehta
Infinium Polychem

We are spending double digit figures on R&D

Hannah Lane
Redress

Encouragement from brands will motivate supply chains to become more...

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Eamonn Tighe
Nature Works LLC

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

Kerem Durdag
Biovation II LLC

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

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

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

October 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
77.6%
No
13.4%
Skip
9.0%

Total Votes: 67

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.2%
No
28.4%
Skip
10.4%

Total Votes: 67

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
85.1%
No
10.4%
Skip
4.5%

Total Votes: 67

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
74.6%
No
11.9%
Skip
13.4%

Total Votes: 67


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search