Viscose spun yarn prices in the last week of April were largely stable amid slow liquidity in China. Offers for ring‐spun 30s yarn were stable while prices of siro‐spun 40s yarn and rabbit‐hair‐like yarn were seen rolling over.
In Pakistan, viscose yarn market was supported by stable VSF prices in absence of rise in demand from the yarn makers at this part of the 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 ring‐spun 30s weaving yarn in Xiaoshan fell US cent 1 a kg in the third week of April while compact siro‐spun 40s yarn in Jiangsu declined down US cent 1 a kg on the week.
Viscose spun yarn prices edged down slightly thus stopping the wild south move seen in the previous weeks. Discussions for ring‐spun 30s yarn and siro‐spun 40s yarn remained at almost same levels. Core‐spun yarn market also went stable, with sales seen improving. With VSF bottoming, yarn prices are likely to go range‐bound next week.
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 ring‐spun 30s weaving yarn in Xiaoshan fell US cents 3 a kg in the second week of April, while compact siro‐spun 40s yarn in Jiangsu declined US cents 4 a kg on the week.
Viscose spun yarn prices continued to trend south in China and Pakistan as VSF prices fell further with no signs of bottoming out. In China, discussions for ring‐spun 30s yarn generally fell while siro‐spun 40s yarn were also cheaper. Core‐spun yarn market remained dismal, with the prices holding back.
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 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.
In China, offers for ring‐spun 30s weaving yarn in Xiaoshan declined US cents 4 a kg in the last week of March, while compact siro‐spun 40s yarn in Jiangsu was down US cents 14 a kg on the week.
Viscose spun yarn prices fell significantly during the week in China as VSF prices descended sharply during the week, amid shrinking liquidity. Rigid demand for yarn may recover somewhat after Tomb‐sweeping Day, but prices may continue to remain weak.
In China, offers for ring‐spun 30s weaving yarn in Xiaoshan fell US cents 2 a kg in the fourth week of March, while compact siro‐spun 40s yarn in Jiangsu was down US cents 6 a kg on the week.
Spun viscose yarn prices fell across the boards in China, with big hurdles in liquidating volumes. Low‐end prices for fell to their recent lows while mainstream prices for rabbit‐hair‐like yarn 28s were pegged a bit higher. With VSF prices started falling on the back of weakening market outlook, it is expected that yarn prices will remain south bound in coming weeks.
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.
