Yarn prices see down ward trend
Dec '08
Experts opines that plunge in the crude price is responsible for low yarn prices. This is definitely a welcoming situation for local producers.
During this period, prices of yarn of various types declined, including polyester yarn which stood at US $1.03 – $2.06 per kg.
The price quoted from Malaysia stood at $1.38 per kg, reduced by 5.8 percent in comparison to previous month; from Taiwan it went down by 9.1 percent to $1.41 per kg and from Indonesia, prices stood at $2.06 per kg showcasing a fall of 1.5 percent.
In the meantime, the importing price from Czech Republic remained stable at $1.03 per kg.
The price of blended 60/40 cotton polyester fabric imported from Hong Kong stood at $0.69 per metre; $1.17 per metre from Taiwan.
100 percent cotton fabric from Hong Kong was quoted at $1.62 per yard while it was $1.68 per yard from China.
The price of 65/35 polyester cotton fabric quoted from Hong Kong was very competitive at $0.77 per metre, but procured at $1.17 per yard from Chinese suppliers.
Fibre2fashion News Desk - Vietnam
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