In Qianqing, PC (65/35) 32s yarn prices were up US cent 1 a kg in the first week of November while 45s PC combed yarn prices were stable.
Prices of blended yarn declined in line with fibre prices in recent weeks. In China, polyester-cotton generally rolled over but there is a possibility of a decline in coming weeks.
In India, polyester-cotton prices declined 1.5% in Ludhiana whereas polyester-viscose was lost a tad in Indore.
30s (65/35) PV yarn prices were down US cents 2 a kg in the wee in Indore market. In Ludhiana, PC 30s (52/48) prices fell US cents 4 on the week.
Blended yarn buyers in Pakistan expect prices to remain firm in the coming weeks, due to anti-dumping duties on PSF imports from China.
Large sales were reported, especially for polyester-cotton of 31s and 24s yarns. However, buyers rejected any price hike while offers may remain stable or slightly down in the coming weeks.
Courtesy: Weekly PriceWatch Report
