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Cotton yarn prices hit the roof
25
Sep '10
Raw material prices have continued to rise in recent times, the focus of overall yarn prices has moved to another high level, of which, prices of rayon yarn and polyester yarn have increased faster.

Knitting yarn R30s produced in Xinxiang is offered at, as high as 26,500 Yuan / ton, while knitting yarn T32s produced in Hewing and Kiang is offered at 18,500 Yuan / ton. Supply of polyester yarn is also tight in the market.

Among 100% cotton yarns, prices of open-end yarn has increased by nearly 1000 Yuan per ton in the last few fortnights and prices of conventional ring spinning yarn has increased by nearly 2000 Yuan per ton.

Mainstream price of JC40s is at 34,500 Yuan / ton, the higher offer has also reached up to 35,000 Yuan / ton, while the mainstream price of knitting C32s is 29,000 Yuan / ton. With a further spike in cotton prices expected in the near future, cotton yarn prices too are expected to follow suit.

Fibre2fashion News Desk - China

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