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Polyester spun yarn market remains steady

YarnsandFibers News Bureau 2015-10-16 05:23:56 –

In Qianqing, offers for 32s polyester yarn were down US cent 1 a kg in the last week of September with initial days of October in that week.

Spun polyester yarn prices were stable to weak in Shengze of Jiangsu, and the transaction volume was not large on the whole. Mainstream offers for spun polyester yarn rolled over previous week’s numbers.

Although PSF prices in India remained unchanged, polyester yarn prices were seen moderating in Indore market while they rolled over in Ludhiana market.

In India, polyester yarn 30 knitting yarns prices were down US cent 1 a kg in Ludhiana market while they fell US cents 2 a kg in Indore market.

In Pakistan, polyester yarn prices were flat and are likely to firm up given the increase in cotton yarn prices during the week. Meanwhile, PSF prices rolled over amid tight supply.

Courtesy: Weekly PriceWatch Report

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