In Qianqing, offers for 32s polyester yarn was down US cents 3 a kg in the third week of November.
In China, spun polyester yarn market saw sporadic trades and offers were corrected down to reflect upstream weakness and poor sales.
Yarn makers tended to buy PSF on credit, but suppliers and traders were less willing to accept.
In India, spun polyester prices rose 1.7-2.2 per cent depending on counts and markets.
Polyester yarn 30 knitting yarns prices were up US cents 5 a kg in Ludhiana market while they rolled over in Indore market.
In Pakistan, prices rolled over but demand may rebound in the coming weeks as suppliers were ready to cut offers after a new fall in PSF prices.
Polyester yarn prices were up in India, down in China and stable in Pakistan that week, reflecting demand-supply balance in respective markets.
Courtesy: Weekly PriceWatch Report
