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Spun yarn prices moving in line with fibre cost

Related Keywords: cotton yarn price in china, cotton yarn price in India, Cotton yarn price in Pakistan, polyester yarn in china, polyester yarn in india, polyester yarn in Pakistan, polyester yarn prices, viscose yarn in china, viscose yarn in india, yarn prices in India

Cotton yarn market again lost ground, and participants were holding bearish expectations over the future trends amid sluggish sales. In the week ended 15 May 2015, cotton yarn markets showed signs of weakness. In China, sale/ production ratios reported fell at some spinning mills in China while outlook turned even gloomier given the increase in inventory levels. Prices were unchanged due to a lack of demand from downward processors. In Shengze, 32s cotton yarn was pegged in the range of US$3.37-3.44 a kg, while 21s was at US$3.29-3.36 a kg.

Cotton yarn spinning has become more profitable now, but for how long?

Related Keywords: cotton price in china, cotton price in india, cotton price in Pakistan, cotton yarn, cotton yarn price in china, cotton yarn price in India, Cotton yarn price in Pakistan, price spread

Cotton yarn making has become more profitable now than considered, three months ago. And this has been facilitated by the rapid fall in cotton fibre prices over the same period. The margins have improved in all the three major cotton yarn producing economies of China, India and Pakistan. On an average, cotton prices have declined by between 15-25 per cent between June and end-September while cotton yarn prices have bucked 5-9 per cent in the comparable period.

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