In Qianqing, PC (65/35) 32s yarn prices rolled over in the second week of August while 45s PC combed yarn prices were stable on the week. 32s PV (65/35) were flat on the week.
Blended yarn prices moved in different directions in Asian markets, largely moved by the cotton markets. In China, polyester cotton and polyester viscose yarn prices remained unchanged although cotton and PSF were cheaper. However, next week may reflect this downtrend.
In Qianqing, PC (65/35) 32s yarn prices surged US cents 12 a kg in the last week of July while 45s PC combed yarn prices rose US cents 23 a kg on the week. 32s PV (65/35) were up US cents 8 a kg during the week. In China, blended yarn markets were supported by surge in cotton, polyester and viscose fibre prices over the past few weeks. Both PC and PV yarns were costlier by at least US cents 12-23 a kg on the week. Cotton and VSF prices have increased further that week and will reflect in yarn prices soon.
In Jiangsu, 30s spun viscose prices in Xiaoshan were up US cents 9 a kg in the last week of July while 40s compact sirospun yarn prices rose US cents 11 a kg on the week. Spun viscose yarn markets were in the northbound march, seeing higher prices for core spun, ring spun and siro spun yarn driven by rising cost of VSF.
In India, 30s viscose spun yarn prices edged up INR2 a kg (up US cents 2 on the week) in Indore market. Viscose yarn prices were up again that week as spinners were confronted with a fall in margins and difficult to compete on the international market.
In Qianqing, PC (65/35) 32s yarn prices rose US cents 4 a kg in the third week of July while 45s PC combed yarn prices remained flat on the week. 32s PV (65/35) were up US cents 7 a kg on the week. Blended yarn prices were supported by the rising cost of cotton while VSF prices has risen sharply in the past few weeks. In China, PC and PV yarns were dearer by US cents 4-7 a kg on the week.
In Jiangsu, 40s compact sirospun yarn prices were up US cents 13 a kg in the third week of July while 30s spun viscose in Xiaoshan was up US cents 8 a kg on the week. Offers for ring-spun 40s yarn were up US cents 8 a kg on the week. Spun viscose yarn prices increased sharply on the week in China in line with the hike in VSF values. Offers for siro‐spun, compact and ring‐spun ascended by US cents 8-13 a kg on the week. Trading prices and volumes also picked up as inventory at yarn makers were digested as a result.
In Qianqing, PC (65/35) 32s yarn prices moved up US cents 5 a kg in the second week of July while 45s PC combed yarn prices inched up on the week. 32s PV (65/35) were up US cents 6 during the week. Blended yarn prices took a sharp upturn in China due to surging raw material cost. Both cotton and viscose price have been on the steep uptrend due to supply shortage, mainly of the latter.
In Jiangsu, 40s compact sirospun yarn prices jumped US cents 11 a kg in the second week of July while 30s spun viscose in Xiaoshan was up US cents 12 a kg on the week. Offers for ring-spun 40s yarn were up US cents 11 a kg during the week.
Viscose spun yarn markets saw liquidity improving, along with the terminal fabric demand. Prices tracked VSF movement, which have been mounting since the past couple of weeks. In Xiaoshan, offers for ring‐spun, rotor‐spun and siro‐spun yarn ascended amid tolerable inventory.
In Qianqing, PC (65/35) 32s yarn prices rose US cents 4 a kg while 45s PC combed yarn prices rolled over on the week. 32s PV (65/35) were stable on the week.
In China, PC prices were seen inching up on the week despite seasonal demand is usually low in July and any attempt to raise prices could be strongly resisted until the month end.
In Jiangsu, 40s compact sirospun yarn prices rolled over in the first week of July while 30s spun viscose in Xiaoshan was up on the week. Offers for ring-spun 40s yarn were up US cents 3 a kg.
Spun viscose yarn market sentiment showed sign of strengthening as VSF prices climbed in China. In Xiaoshan and Shaoxing, spun viscose yarn markets were largely stable and some mills tentatively raised their indications. Ring-spun 30s yarn prices were hiked while 40s compact sirospun yarn prices remained unchanged.
In Qianqing, PC (65/35) 32s and 45s PC combed yarn prices were both down US cents 2-3 a kg in the last week of June. 32s PV (65/35) were down US cents 2 a kg on the week. In China, there was negligible variation in blended yarn prices, reflecting trends on fiber markets. Demand remained relatively depressed, as usual in this part of the year. Yarn maker could however take advantage of the Brexit vote that pushed US$ up against the Renminbi. As a result, import yarn prices rose and demand from yarn buyers could decline further.
