In China, offers for 32s polyester yarn in Shengze were stable in the last week of April. In Qiangqing, 32s weaving yarn also dropped US cents 1-2 a kg on the week.
Polyester spun yarn markets in China saw sporadic deals concluded that week, and producers keeping offers steady with some varieties sold off. Markets stayed in a slack season that week, and the enquiring and trading sentiment seemed to be more lackluster compared with last year.
In China, PC (65/35) 32s yarn prices rolled over in Qianqing in the last week of April, while 45s PC combed yarn prices were flat on the week.
Blended spun yarn prices stayed relatively unchanged in the week in China over a similar stability of fiber prices. On the import market, offers were seen plunging, in return, creating competition for domestic suppliers. However, stable to week fibre prices remained supportive for local spinners.
In China, offers for 32s polyester yarn in Shengze inched up US cents 2 a kg in the third week of April. Polyester yarn market saw sporadic deals concluded that week, and producers kept offers steady. In Qiangqing, polyester yarn markets were under downward correction amid lackluster transaction.
In India, polyester yarn 30 knit yarn prices were down INR2 a kg (down US cents 3) in Ludhiana market. Indian polyester yarn spinners were forced to cut their prices given the downward revision in PSF prices early April and to recoup demand on domestic and export markets.
In China, PC (65/35) 32s yarn prices edged down US cent 1 a kg in the third week of April in Qianqing, while 45s PC combed yarn prices were flat on the week.
Offers and trade price in China for blended yarn dropped slightly on the week given the downward movement in fibre prices. The reduction is also due to the current weakness in demand.
In India, blended yarn prices continued to roll over despite some fall in cotton and PSF prices in recent week.
In China, offers for 32s polyester yarn in Shengze inched up US cents 2 a kg in the second week of April. In Qiangqing, 32s weaving yarn prices gained US cents 3 a kg on the week.
Polyester spun yarn market in China was steady for the moment and offers for 32s and 45s were up, with the latter seeing moderate sale. However, spun yarn industry entered a slack season and if the market weakens continuously, producers will show low interest to replenish inventories, and most of them will produce to meet rigid demand.
In China, PC (65/35) 32s yarn prices rolled over in the second week of April in Qianqing, while 45s PC combed yarn prices were flat on the week.
Blended yarn prices generally rolled over depending on the change in fibre cost over the past few weeks. In China, a recovery in PSF prices supported PC and PV yarn markets while falling VSF prices helped recoup margins.
In Pakistan, PC and PV yarn prices did not change in the week, in line with the stability of raw material prices, excepting VSF prices.
In China, offers for 32s polyester yarn in Shengze dropped US cents 2 a kg in the first week of April. In Qiangqing, 32s weaving yarn price fell US cent 1 a kg on the week.
In China, offers for ring‐spun 30s weaving yarn in Xiaoshan fell US cents 7 a kg in the first week of April, while compact siro‐spun 40s yarn in Jiangsu declined US cents 5 a kg on the week.
Viscose spun yarn prices trended south rapidly in China as the decline in VSF prices accelerated that week. Discussions for ring‐spun 30s and siro‐spun 40s yarn generally fell. Due to a long period of slow liquidity and tight funds, some yarn makers offloaded goods aggressively, leading to a mixed atmosphere in the market.
In Shengze, offers for 32s polyester yarn dropped US cents 5 a kg in the last week of March. In Qiangqing, 32s weaving yarn offers fell US cents 4 a kg on the week.
Polyester spun yarn market in China softened that week, and offers fluctuated with a slight drop. Spot prices weakened somewhat that week, while transaction did not change much. After the Tomb-sweeping Day, it is likely that there will be some buying activity provided fabric market does not weaken too much.
In Qianqing, PC (65/35) 32s yarn prices dropped US cents 2 a kg in the last week of March while 45s PC combed yarn prices were up US cents 2 a kg on the week.
Blended yarn prices were seen dropping in Asian markets as fibre prices receded somewhat. In China, PC yarn prices dropped but finer count yarn were slightly up.
