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ACRYLIC CHAIN
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Acrylic staple fibre prices in July were down in the Asian markets of China, India, and Pakistan during the month. In China, ASF offers reacted to the recent downtrend in the raw material ACN cost this month. Downstream demand was dull as yarn producers themselves witnessed lower sales, which in turn resulted into lower procurement of acrylic fiber during the month. Supply in the market was largely stable with many plants either idled or had cut production.
Acrylic, cotton prices mostly down in the key regions
Cotton yarn prices stable to up in India, China
In Shengze, 21s cotton yarn prices were unchanged in the second week of December while 32s prices were up on the week. In China, cotton yarn prices saw minor increases given rising cost pressure from new cotton although sales were tempered. Spot trades remained thin, so cotton yarn prices are expected to hold stable or move up slightly in the short term.
Related Keywords: cotton prices, cotton yarn prices in china, cotton yarn prices in india, cotton yarn prices in pakistan
Cotton prices depressed across major markets, yarn follow suit
Related Keywords: cotlook index, cotton prices, cotton prices in china, cotton prices in india, cotton prices in Pakistan, Cotton yarn prices, cotton yarn prices in china, cotton yarn prices in india, cotton yarn prices in pakistan
In early June, YnFx had predicted that cotton prices will remain subdued in June as global supply and demand volumes then pointed to sustained weakness while a number of factors were underpinning the recent improvement. As the month crossed its first half, cotton prices were depressed across major markets on ample supply amid poor demand.
