In the week of 24 July cotton yarn markets saw marginal fluctuation but were mired in sluggish transactions, with downstream placing thinner orders. In China, sales of regular and high-quality yarns were passable, and those of high-count and combed yarns were limited. Spinners were implementing production cutbacks, and liquidity lagged in most deals. 32s cotton yarn in Shengze market were down US cents 4 a kg on the week while 21s were flat at US$3.07-3.14 a kg.
Filament and spun yarn prices retreating rapidly mirroring oil markets
Related Keywords: crude oil price, filament yarn prices, impact of crude oil, Polyester prices, polyester yarn price, Spun yarn price, textile prices
Until now the immediate impact of the fall in crude oil prices was mostly on the upstream products of the textile value chains. The very first oil derivative to react was naphtha and further down in the chain each layer had or do have a lag to absorb and pass on the cost reduction since their raw material inventory was built at the earlier high prices. The effect began quickly in the immediate downstream segment and percolating slowly at the end of the value chain, ceteris paribus.
Spun yarn prices rebound in Pakistan as demand recovers, ducks in China
Related Keywords: cotton yarn price, polyester cotton yarn price, polyester viscose yarn price, polyester yarn price, Spun yarn price, viscose yarn price
Spun yarn prices continued shed slightly in the week of 16 May in China, although fibre prices remained more or less stable. However, prices in Pakistan were seen rebounding as demand from overseas buyers was apparently recovering.
