Blended yarn price declines in China and Pakistan

YarnsandFibers News Bureau 2015-11-30 11:33:08 –

In Qianqing, PC (65/35) 32s yarn prices fell US cents 2 a kg in the third week of November while 45s PC combed yarn prices were stable.

Blended yarn prices declined on the week in China, depending on products.

With colder weather looming, demand for fine count yarns is likely to remain depressed whereas sales of low counts could rebound.

In Pakistan, PC yarn price remained stable while weak currency pegged values down in US$ term.

In Pakistan, 24 PC (52/48) carded yarn prices were down US cents 3 a kg due to weak currency on the Faisalabad market while 30s were down US cents 2 a kg.

In India, 30s (65/35) PV yarn prices rolled over in Indore market while PC 30s (52/48) prices inched up US cents 3 a kg on the week In Ludhiana.

PV yarn prices remained unchanged on the week while PC yarn prices inched up in line with rising cotton cost in India.

Export prices fell sharply by contrast, in line with a drop of demand as inventories were kept at minimum levels.

Courtesy: Weekly PriceWatch Report

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