Home / Knowledge / News / Textiles / Yarn sales turn bearish as spring festival approaches
Yarn sales turn bearish as spring festival approaches
11
Jan '10
Cotton yarn prices rose sharply in early December, but turned stable during mid and late December. Cotton carded yarn 32s was quoted at 21,130 per ton by the end of December, up 600 Yuan per ton compared with the end of the previous month and the rise was higher then the rate of increase of cotton prices for second consecutive.

Operating conditions of textile enterprises were relatively stable, some enterprises had bought more cotton inventories in earlier times, and they held relatively ample cotton stocks. After the issue of cotton import quotas, some enterprises were active at purchasing foreign cotton, while some other enterprises felt the price of overseas cotton was too high to buy.

As Spring Festival approaches, textile enterprises have entered traditional off-season; yarn sales are beginning to show weakness gradually. Polyester staple fiber prices stood at 9,600 Yuan per ton by the end of December, down 500 Yuan per ton from the end of the previous month, while viscose staple fiber price too was down 50 Yuan per ton from the end of the previous month.

Fibre2fashion News Desk - China


Must ReadView All

Courtesy: European Commission/European Union

Textiles | On 26th May 2018

EU set to negotiate FTAs with Australia & New Zealand

The European Union is all set to begin negotiations for free trade...

US bans import of cotton goods from Turkmenistan

Textiles | On 26th May 2018

US bans import of cotton goods from Turkmenistan

The US Customs and Border Protection (CBP) has issued a Withhold...

FPCCI prepares report on Pakistan's export issues

Textiles | On 26th May 2018

FPCCI prepares report on Pakistan's export issues

Federation of Pakistan Chambers of Commerce and Industry (FPCCI)’s...

Interviews View All

Prabu Mohanram
Balavigna Weaving Mills Pvt Ltd

The biggest challenge that the weaving industry faces is high price

Marazban F Velati
Sutlej Textiles & Industries limited

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

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Sugandha Bhardwaj

<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Kalai Selvi

Vidyashilp Academy in Bengaluru is the country's first Fairtrade School....

Mark Paterson
Technical Absorbents Ltd

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

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Tony Ward
Tony Ward

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

Anisha Chaudhari
Threads & Shirts

Threads &amp; Shirts is a freshly-tailored concept providing men/women a...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

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

Leave your Comments


May 2018

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

news category


Related Categories:

Advanced Search