Home / Knowledge / News / Textiles / Demand declines in China's domestic yarn market
Demand declines in China's domestic yarn market
Jan '14
The downstream demand in China’s domestic yarn market has declined since December 15, and the situation is worse than that prevailing this time of the year in earlier years.
As the yarn market is very depressed, prices continue to show weakness, and a number of firms and some traders are planning to advance their holiday to January 10, 2014.
Downstream firms generally choose sourcing domestic or imported yarn, depending on the price difference. Under normal circumstances, the companies will choose to buy imported yarn if the price difference is more than 1,000 yuan/ton, and will choose to buy domestic yarn if the price difference is less than 1,000 yuan/ton.
At present, the actual transaction for 32 carded imported cotton yarn is at around 24,500 yuan/ton, while the actual transaction price for 32 carded domestic cotton yarn is in the range of 25,500-26,000 yuan/ton.
Similarly, the present actual transaction price of imported 21 combed bleached cotton yarn is at around 26,000 yuan/ton, while the price for the domestic variety is at around 27,000 yuan/ton. Thus, the price difference between imported and domestic yarn is close to or more than 1,000 yuan/ton.
Therefore, a relatively large number of textile mills choose imported yarn in their recent orders, which is a reason for lower demand in the domestic yarn market.
Although the price of yarn from India and other countries has risen, it is still lower than the price of the domestic yarn.
In the current scenario, taking into account such factors as cost advantages, some large-scale textile enterprises are planning to make investment overseas. For example, Huafu color spinning has announced US$ 136 million investment plans in Vietnam.

Fibre2fashion News Desk - India

Interviews View All

Top executives, Indian retail players

Top executives
Indian retail players

Walmart's acquisition of Flipkart endorses the humongous opportunities in...

Riddhika Shah, SS Homme

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Nishank Patel, Shri Dinesh Mills Limited

Nishank Patel
Shri Dinesh Mills Limited

Broad range of fabrics will sell well this financial year

Arup Chakraborty,

Arup Chakraborty

Mirrorsize is a US-based start-up that provides artificial intelligence...

Alexander Foll,

Alexander Foll

Germany-based H Stoll AG & Co KG manufactures flat knitting machines....

Spring Chang,

Spring Chang

A specialist in manufacturing printing machines, <b>Wenzhou Changs</b>...

Ian Russell, Pireta

Ian Russell

UK-based Pireta has developed a unique free-form process to add durable,...

Mary-Cathryn Kolb, Brrr°

Mary-Cathryn Kolb

Atlanta-based private start-up Brrr° was founded in 2014 to develop...

Paolo Ocleppo, Sandvik Hyperion

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Jay Ramrakhiani, Occasions Elegance Wear

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Sweta Agarwal, A Humming Way

Sweta Agarwal
A Humming Way

A Humming Way (AHW) is inspired by the old-world regalia of Rajasthan...

Aneeth Arora, Péro

Aneeth Arora

The Woolmark Company has partnered with handmade fashion label Péro and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

November 2019

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

Follow us on instagram


Follow Fibre2Fashion On

Advanced Search