China : Consistency seen in Puyuan wool yarn prices

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Consistency seen in Puyuan wool yarn prices

28
Mar '08

In the first half of this month, stability was observed in the price of Puyuan wool yarn market. The trade volume of Australian acrylic varieties slightly enlarged.

Looking at the recent trend, Knot-free Australian wool yarn and Australian acrylic yarn moved smoothly, while acrylic trade volume witnessed growth compared to previous month.

The fine spinning wool market of China enjoyed stability with trade volume remaining same. Even price and transaction of colored polyester yarn were unchanged.

Downstream demand of flash imitated rabbit hair yarn boosted, of which, 36s/2 was offered at 37,400 yuan per ton. All the dealings for acrylic yarn were moderate but price trend kept changing.

There has been a lot of demand for bulked wool and acrylic yarn in the market recently, which is mainly used in production of sweaters.

Shipment of imitated cashmere was smooth, with consistency in market price. Quotations of imitated cashmere 28 s / 1 and 36 s / 2 were at 25,200 and 26,200 yuan per ton.

Although trade volume of rabbit wool yarn market continued to grow, market price was constant. In addition, wool yarn Lycra 72 Nm / 2 was once again gain popularity among buyers.

Fibre2fashion News Desk - China

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