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Cotton yarn prices stabilize Fibrous market firm firm yarn prices rise
The market price of 100% cotton yarn in Asia remains basically stable. 32S and 40S have a smooth flow. Indian yarn manufacturers expect yarn exports to increase by 20% in the current fiscal year, offsetting the increasing supply in the spot market. Due to the sudden increase in domestic market and export market demand, cotton yarn prices rose by 14% in two weeks. China's polyester yarn producers are facing a loss situation, although the transaction volume still exists. Buyers are also cautious. A small number of polyester yarns showed an upward trend.
In Pakistan, polyester yarn producer orders are reasonable, and they maintain the price unchanged. In China, the rayon yarn market remained stable, because the end of the year is approaching, and the manufacturer’s main goal is to complete orders and get back profits. In Pakistan, the price of viscose staple fibers in the domestic market fell, but there was no change in the price of cotton yarn. The Asian blended yarn market showed a rising trend. Due to supply problems, the price of fiber was firm. The Asian polyester-cotton and polyester-human cotton yarn market is stable, but the transaction is still slow as buyers expect the price to be lower in the near future.