In China, PC (65/35) 32s yarn prices fell US cent 1 a kg in the first week of May in Zhejiang, while 45s PC combed yarn prices rolled over on the week. PC yarn prices edged down as PSF prices continued to retreat rapidly, particularly in that week while cotton prices were seen inching up.
In India, blended yarn prices were relatively stable on stable VSF cost and firming cotton prices. 30s (65/35) PV warp yarns prices inched down INR 1 a kg (down US cent 1) while PC 30s (52/48) prices edged down INR1 a kg in Ludhiana.
In Pakistan, PC and PV yarn prices did not move that week on support of stable fibre prices for some time now. Cotton prices have freezed amid very limited trading activities and in absence of available quantities. Spinners are relying mostly on cheaper imported cotton. PSF and VSF price too have remained unchanged over the past few weeks.
Courtesy: Weekly PriceWatch Report
