Polyester yarns markets in China were weak in the third week of August, and some sporadic batches of cargoes were traded. Yarn prices were stable to weak with 32s spun polyester yarn was mainly offered at same levels. The influence of RMB depreciation on the demand remained limited as spinning mills did not improve run rate notably on the back of slow sales and the purchase of raw materials was just to meet rigid demand.
Polyester yarn price drops as yuan depreciates
PSF prices have declined US cents 8-16 per kg across China, India and Pakistan in the second week of August. Thus, cost support to polyester spun yarns eased amid sluggish demand. The significant Yuan depreciation has caused prices to fall further in US$ term, although they were steady in local currency.
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Yarn prices were stable to down across India, China and Pakistan
Related Keywords: Cotton yarn prices, polyester cotton yarn prices, polyester viscose yarn prices, polyester yarn prices, spun yarn prices, viscose yarn prices, yarn price in china, yarn price in india, yarn price in pakistan
Cotton yarn offers were unchanged amid poor sales volume in the week ended 12 June 2015. During the week, viscose yarn prices were range bound due to sluggish sales while spun polyester yarn prices dropped a bit on low demand.
Spun yarn prices weak in March, blame fibre market?
Related Keywords: Cotton yarn prices, polyester yarn prices, spun yarn market, spun yarn prices, viscose yarn prices, yarn prices, yarn prices in china, yarn prices in India
Cotton yarn markets were in weak corrections during March 2015, seeing prices for low/medium-end yarn in downswing. In China, overall demand was deemed limited, and sellers faced poor margins with traders making cautious decisions. In Pakistan, cotton yarn prices remained flat on the export market, due to a lack of demand, which was apparently weakening in Far East and Europe, since buyers were expecting lower pricing in the coming months and postponing new orders. Indian cotton yarn prices slightly declined after a short-lived attempt by spinners to raise offers in the first week of March.
Now track global textile fibres and yarns prices from your mobile everyday
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YnFx, the world's premier and most trusted textile market information initiative, has launched its “Daily Textile Prices service”, a mobile application on Android platform. The service brings to the user more than 600 daily price quotes on various textile value chains, including energy, feedstock, fibre intermediates, fibres, filament yarn and spun yarns. Broadly these textile chains are categorised into energy, polyester, nylon, acrylic, viscose, cotton, and all types of spun yarns collated from 40 key markets across the world.
Spun yarn export price falling, export to China reviving
Related Keywords: cotton yarn export, Cotton yarn prices, Spun yarn export, spun yarn prices
Export price of spun yarns have been falling since June 2014 and continued into December. Close to 135 million kg of spun yarns were exported worth US$398 million or Rs 2,470 crore. Compared to last year, volumes were up 9 per cent while earnings in US$ term fell 4 per cent implying a 12 per cent fall in unit price realization, as the Rupee appreciated 0.6 per cent against the US$ in the comparable months. Overall unit price realization averaged US$2.95 /kg was, down US cents 3 from previous month and US cents 39 from December 2013.