In India, polyester yarn prices inched up in Ludhiana markets in the third week of June while they rolled over in Indore, reflecting regional demand/supply balance. Polyester yarn 30 knit yarn prices regained INR1 a kg in Ludhiana market while they rolled over in Indore.
In Pakistan, polyester yarn prices remained unchanged in absence of clear market direction as PSF prices were stuck at previous week’s level after global crude oil prices retreated on the week.
In Qianqing, PC (65/35) 32s yarn prices inched up US cent 1 a kg while 45s PC combed yarn prices rolled over during the week. In China, polyester-cotton prices gained marginally driven by firming cotton prices but limited by sobering PSF values.
In Pakistan, polyester-cotton and polyester-viscose yarn prices remained mostly stable with only 16s and 20s PC falling in the week. PSF prices were stuck at same level on the domestic market while cotton prices showed signs of weakening due to poor demand.
In Shengze, offers for 32s and 45s polyester yarn rolled over in the second week of June. In Qiangqing, 32s weaving were steady during the week.
Offers for spun polyester yarns in Shengze market were stable amid limited transaction volume. PSF market was mainly covered by wait-and-see atmosphere today, and is expected to have difficulty to see significant price drop or increase in a short term.
In Qianqing, PC (65/35) 32s and 32s PV yarn were both up US cent 1 a kg due to weak US$ in the second week of June. In China, blended yarn prices remained relatively stable lacking demand from downward processors. However, fibre prices were clearly rising which may result in higher yarn prices in coming weeks.
In Shengze, offers for 32s polyester yarn were down US cents 2 a kg in the first week of June and 45s were stable during the week. In Qiangqing, 32s weaving were stable on the week.
Offers for spun polyester yarns were steady that week in China, as sales was hard to improve amid insipid demand. With summer approaching, end‐use demand is likely to retreat. With fabric inventory high and yarn demand sluggish, yarn producers may trim operation.
In Qianqing, PC (65/35) 32s and 45s were both down US cent 1 a kg due to weak currency in the first week of June. Polyester-viscose prices were seen dropping in Qiangqing (Zhejiang). Yarn import prices had slightly risen, in US$ and yuan terms.
Blended yarn prices have remained relatively stable in line with the continuous rise of cotton prices on both the domestic and import markets, whereas polyester fiber prices have further decreased negating the movement in cotton values.
In Shengze, offers for 32s polyester yarn rolled over in the last week of May, and 45s were stable during the week. In Qiangqing, 32s weaving were unchanged on the week.
Offers for spun polyester yarns were steady that week in China, as demand was hard to improve amid insipid demand. Some players had rigid demand to replenish goods while sellers reported slow payment collection.
In Qianqing, PC (65/35) 32s and 45s yarn prices were both down US cent 1 a kg in the last week of May due to weak currency.
In China, blended yarn prices remained relatively stable in the week as cotton prices moved higher while polyester prices dropped a bit.
Demand for domestic yarn was relatively weak with import prices rather unchanged and the price difference between cheaper domestic and imported yarn reducing.
In Shengze, offers for 32s polyester yarn were down US cents 3 a kg in the third week of May while 45s were down US cents 2 a kg. In Qiangqing, 32s weaving offers were stable on the week.
Offers for spun polyester yarns in Shengze market were lowered partially, while some sporadic specs saw moderate sales. Run rate was not so high on back of poor margins.
With unsmooth sales, buying interest were very low, and players just bought goods to meet rigid demand.
In Qianqing, PC (65/35) 32s yarn prices rolled over in the third week of May while 45s PC combed yarn prices were down US cents 2 a kg (due to weak currency).
In China, blended yarn markets were stable over the week, due to stability of fibre prices. Nevertheless, import prices were rising in Yuan terms, due to a rebound of the US$, implying that spinners will compete with imported goods.
