In Qianqing, PC (65/35) 32s yarn prices were flat in the last week of February while 45s PC combed yarn prices were up on the week.
Blended yarn prices moved in line with fibre prices with no room for any fall. In China, PC and PV yarn prices rolled over despite PSF sobering and sluggish cotton markets. However, rising VSF price supported PV yarn markets.
In Pakistan, PC yarns prices were raised in the week, while PV yarns however remained unchanged, in the week. 20s PC (52/48) carded yarn prices rose US cents 5 a kg on the Faisalabad market while 30s gained US cents 5 a kg on the week. PV 30s yarn prices rolled over during the week.
In India, cotton prices were seen sobering and no change in PSF and VSF prices led to stable blended yarn prices. PV and PC yarn shipments were subdued in January although FOB prices were up during the month.
Courtesy: Weekly PriceWatch Report
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