In Shengze, offers for 32s polyester yarn fell US cents 5 a kg in the fourth week of March. In Qiangqing, 32s weaving yarn offers fell US cents 2 a kg on the week.
Spun polyester yarn markets in China were steady but offers declined with some sporadic numbers weakening somewhat. In Qiangqing, polyester yarn offers moved down as well amid quiet transaction in line with PSF price fall in recent weeks. Sentiment also weakened continuously due to fading sales in downstream.
In Qianqing, PC (65/35) 32s yarn prices rolled over in the fourth week of March while 45s PC combed yarn prices were steady on the week.
Blended yarn markets in China reflected the decline in cost of fibres including cotton, PSF and VSF. Domestic yarn production has become more competitive compared with import, meaning that prices could stay at the current level. PC yarn prices rolled over at lower levels explaining the fall in PSF prices.
In Shengze, offers for 32s polyester yarn fell US cents 5 a kg in the third week of March. In Qiangqing, 32s weaving yarn offers were down US cents 7 a kg on the week.
Polyester spun yarn offers of some specs in China were lowered further amid lackluster demand and trading sentiment. Prices moved down as well on the back of sporadic transactions and in line with falling PSF prices that week. Since it is still in a slack season, demand will remain lackluster.
In Shengze, offers for 32s polyester yarn fell US cents 7 a kg in the second week of March. In Qiangqing, 32s weaving yarn offers were down US cents 4 a kg on the week.
Polyester spun yarn offers moved down on the back of poor sentiment in China. Prices weakened in line with fall in PSF cost that week, while the enquiring and trading sentiment was thin. As the market enters slack season, and bottom price is yet unclear, yarn producers saw small orders to meet rigid demand.
In Qianqing, PC (65/35) 32s yarn prices rolled over in the second week of March while 45s PC combed yarn prices were up on the week.
Blended spun yarn price remained firm across Asian markets and were moving into different directions in China. Although PSF prices were down in all markets, cotton prices firmed up prompting spinners to blend fibres to remain cost effective.
In Pakistan, PC and PV yarns pries were firm being supported by a relatively higher level of demand. VSF prices have however climbed due to rise in seasonal demand as more spinning mills started producing PV yarns.
In Shengze, offers for 32s polyester yarn moved down US cents 2 a kg in the first week of March. In Qiangqing, 32s weaving yarn was also down US cents 2 a kg on the week.
Offers for spun polyester yarns of some specs in Shengze market were weakly stable on the back of limited orders. Offers also moved down accordingly on the back of poor enquiring and selling sentiment and weakened in line with PSF price that week.
Ethylene prices declined sharply in the first week of March in North East Asia as demand dropped for downstream styrene monomer while other derivatives like PE weakened significantly. In US, ethylene spot fell on longer supply as Formosa Plastics Texas unit returned from turnaround while February contract was settled higher on the month. European ethylene market was bullish as material remained tight amid firm demand remains.
In Qianqing, PC (65/35) 32s yarn prices rolled over in the first week of March while 45s PC combed yarn prices were up on the week.
Blended yarn markets were benefiting from volatile cotton markets where prices are hating to move down. In China, yarn prices begun rebounding on the import market, which had earlier declined in the last two weeks, particularly from India and Vietnam. Chinese spinners are likely to take advantage of the new rise in import prices, if confirmed in coming days.
In Shengze, offers for 32s polyester yarn moved down US cents 2 a kg in the last week of February. In Qiangqing, 32s weaving yarn was down US cents 3 a kg on the week.
Polyester spun yarn offers moved down in China on back of poor sales and weakening in line with the fall in PSF prices that week. Offers for spun polyester yarns of some specs weakened somewhat in Shengze market on the back of moderate enquiring and trading sentiment.
In Qianqing, PC (65/35) 32s yarn prices were flat in the last week of February while 45s PC combed yarn prices were up on the week.
Blended yarn prices moved in line with fibre prices with no room for any fall. In China, PC and PV yarn prices rolled over despite PSF sobering and sluggish cotton markets. However, rising VSF price supported PV yarn markets.
