Polyester spun yarn market in China was slightly higher in June on the back of firm PSF cost amid moderate transactions. In Shengze, offers for 32s polyester yarn were up US cents 3 a kg from May.
In India, polyester yarn prices remained unchanged after being lifted in early June following hike in PSF prices. In India, 30 polyester knit yarns rolled over in Ludhiana market.
In Pakistan, polyester spinners were confronted by lack of export orders, in line with the rapid decline of overall exports. In Pakistan, 30s spun polyester was unchanged on the month.
Courtesy: Weekly PriceWatch Report
