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Yarn prices hike substantially post spring holidays
17
Feb '11
After the Spring Festival holidays, spinning mills have resumed production. Sales of cotton yarn are also increasing rapidly in Shandong, Hebei and Henan provinces.

Coupled with sharp rise in cotton prices, cotton yarn prices too are soaring fast. Mainstream quotation of cotton yarn 32s has risen to over 38,000 Yuan / ton.

With sharp price rise in polyester fiber and cotton, blended polyester/ cotton yarn price have also increased significantly. Mainstream price of P65/C35 32s is at 28000-29000 Yuan / ton currently.

Recently viscose fiber price too have risen from a period of steadiness. Rayon yarn has picked cues from cotton yarn and too has hiked substantially. Mainstream price of R30s is currently quoted at 32500-33,000 Yuan / ton.

Fibre2fashion News Desk - China

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