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In Qianqing, PC (65/35) 32s yarn prices were up US cent 1 a kg in the first week of November while 45s PC combed yarn prices were stable.

Prices of blended yarn declined in line with fibre prices in recent weeks. In China, polyester-cotton generally rolled over but there is a possibility of a decline in coming weeks.

In India, polyester-cotton prices declined 1.5% in Ludhiana whereas polyester-viscose was lost a tad in Indore.

30s (65/35) PV yarn prices were down US cents 2 a kg in the wee in Indore market. In Ludhiana, PC 30s (52/48) prices fell US cents 4 on the week.

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Related Keywords: decline in cotton yarn prices, domesitc market, Ginners, Pakistan cotton market, TCP, traders facing huge loss

Pakistan ginners not pleased with current direction of price after the Trading Corporation of Pakistan (TCP) starting its procurement plan. Further due to decline in cotton yarn prices traders are facing huge losses.

At the cotton market on Friday, routine trading took place as mills wanted to meet their regular needs. The official spot rate halted further losses, showing no change at Rs 4,650.

The seed cotton prices in Sindh remained unchanged at Rs 1500 and Rs 2400, in Punjab prices were also static at Rs 2000 and Rs 2500, dealers said.