In Jiangsu, 40s compact sirospun yarn prices fell US cents 4 a kg in the last week of June while 30s spun viscose in Xiaoshan was down US cents 3 a kg.
Spun viscose yarn markets were generally stable and calm in China, but sale/production ratio remained soft and liquidity lagged. Prices for siro‐spun 40s yarn were down owing to softening of VSF markets for the past few weeks. In Fuji, siro-spun rayon yarn prices were largely stable, but firm orders remained weak.
In Qianqing, PC (65/35) 32s yarn prices rolled over in the fourth week of June while 45s PC combed yarn prices remained unchanged on the week. 32s PV (65/35) were pegged stable during the week. In China, demand for blended yarns was depressed in this part of the year and this made difficult for spinners to hike prices in line with the rise of their material costs. However, PV and PC yarn prices rolled over on the week.
In India, viscose yarn prices inched up a bit in the fourth week of June due to unchanged VSF cost and significant rise in export. 30s viscose spun yarn prices inched up INR1 a kg in Indore market.
In May, exports of viscose yarns from India jumped more than 80% year on year, both in terms of volume and value. FOB prices were also up 5% in the comparable months.
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 Jiangsu, 40s compact sirospun yarn prices rolled over in the third week of June while 30s spun viscose in Xiaoshan remained unchanged on the week. Offers for ring-spun 30s yarn were down US cents 5 a kg on the week.
Spun viscose yarn market performance appeared soft that week in China as upstream VSF prices for medium‐end goods inched up while high‐end goods rolled over. However, offers for ring-spun 30s yarn moderated on demand squeeze while offers for other specs were largely flat.
In Jiangsu, 40s compact sirospun yarn prices remained unchanged in the second week of June while 30s spun viscose in Xiaoshan rolled over on the week. Offers for ring-spun 30s yarn were however, down US cents 3 a kg during the week.
Spun viscose yarn market activity in China softened a bit due to Dragon Boat Festival holidays. Discussions for ring‐spun and sirospun yarns remained flat and prices remained unchanged on the week.
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 Jiangsu, 40s compact sirospun yarn prices fell US cents 3 a kg in the first week of June while 30s spun viscose in Xiaoshan remained unchanged on the week.
Spun viscose yarn markets turned insipid in China, seeing prices for ring-spun yarn, vortex-spun yarn and siro-spun yarn drop to some extent.
Fabric makers in Shaoxing and Guangdong lowered run rates to some extent as Dragon Boat Day holidays were drawing near, thus demand receded.
Fabric makers were still in off season, and sentiment is expected to remain bearish after the Dragon Boat Festival.
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 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.
