Asian blended yarn markets remain stagnant

In China, PC (65/35) 32s yarn prices in the fourth week of May rolled over in Zhejiang, while 45s PC combed yarn prices remained unchanged on the week.

Blended yarn prices remained stagnant in China as inventories were relatively low and demand is expected to rapidly slow down, in line with the usual fall in textile production during June. However, with rising PSF prices and steady VSF market will somehow continue to support blended yarn markets.

In India, PC and PV yarn prices rolled over on the domestic markets but were down on export markets since demand from China remained subdued where fiber prices remain attractive for local spinners, allowing them to price their yarn lower than foreign rivals.

In Pakistan, blended yarn prices were relatively flat on the week as fiber prices were moving in different directions.

Courtesy: Weekly PriceWatch Report

Recent Posts

Nylon or polyamide markets move up amid modest demand

In May 2020, nylon filament yarn prices were talked up amid climbing prices in the upstream CPL and nylon chip…

4 years ago

Polyester fiber, yarn prices firmer amid a rebound in PTA and MEG markets

In May 2020, polyester filament yarn prices recovered in China supported by higher prices in the polyester staple fibre markets.

4 years ago

Viscose or rayon markets continue to weaken in Asia

Viscose staple fibre prices in April were mostly down in the Asian markets of China, India, and Pakistan. In China,…

4 years ago

Acrylic fiber prices slip amid low acrylonitrile and propylene costs

Feedstock, propylene prices in Asia fell in April amid historic lows in the crude oil and naphtha markets that month.…

4 years ago

Nylon or polyamide markets slump on lackluster sentiment

Nylon or polyamide chip markets slumped in March amid weakening prices in the raw material CPL markets while downstream buying…

4 years ago

Polyester prices nosedive to multi-year lows across the world

In March 2020, polyester staple fiber (PSF) prices declined month-on-month in China as demand was weak and supply was abundant.…

4 years ago