Last week (July 17th 23rd), the yarn sales in Qianqing Market of Zhejiang Province became better, of which, because 40S (with relatively lower grade of cotton) carded yarn is in short supply, so the price has gone up, and pure polyester yarn series have appeared new market situation.
July 23rd, the conventional representative products of yarns in Qianqing market, such as 32S pure cotton knitting yarn, 50S pure polyester yarn, 30S rayon yarn, 45S 65/35 T/C yarn, 40S/2 65/35 T/R plied yarn had central quotations in turn are 20,500 yuan (for each ton, the following is the same), 17,100 yuan, 17,100 yuan, 18,800 yuan and 20,100 yuan, comparing with those of a week ago, except that the pure polyester yarn has 100 yuan gone up, other prices are kept as same as before.
According to the dealers, the low proportion cotton ordinary yarn market has broken out the adjustment situation for 5 continual weeks, the market for products typically as 40S is lack of supply, the price has gone up for 200 yuan; on July 23rd, 40S and 60S low proportion cotton ordinary yarns had central quotations are respectively 19,600 19,700 yuan and 24,800 yuan, comparing with those of a week ago, the price of 60S is kept unchanged, 40S has 200 yuan increase. For the reasons, it is mainly the low quality cotton in domestic market isn't much left, and the mills are not willing to use high quality cotton to produce 40S low proportion cotton ordinary yarns, so the supply of goods in the market is shorted.
Last week, pure polyester yarn market has also broken out the stalemate. The price of polyester staple is very high for a long time, the cotton mills'"hope" for rising the price of pure polyester yarn cannot be realized since the downstream ', with the consumption of low priced goods on the market, the price of pure polyester yarn has naturally gone up. July 23rd, the central quotations for pure polyester yarn 21S, 32S, 50S in Qianqing market are 14,000 yuan, 15,000 yuan and 17,100 yuan, comparing with a week ago, and there is 100-200 yuan increase. Some analysis show, it has big possibility for the price of pure polyester yarn being increased.
