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Foshan: Downstream flat, yarn market in a downturn

Foshan: Downstream flat, yarn market in a downturn

Write: Akama [2011-05-20]

Last week (July 17th 23rd), the sales of cotton yarns in Foshan market, Guangdong Province is stable, the total transaction volume is around 4,800 tons, it is 100 tons more than that of the week before last. It is estimated that the market in this week will be adjusted continuously.

Recently, the downstream costume market is still in off-season period, the sales of yarns is still not better. The sales of knitting yarns are mainly the high quality categories, such as pure cotton yarn fine carding 32-count and 40-count etc. Last week, the quotations of cotton yarn knitting categories are as follows: pure cotton yarn ordinary-carding 16-count is 17,800 yuan (for each ton, the following is the same), 21-count is 18,500 yuan; pure cotton yarn fine-carding 32-count is 24,000 yuan, 40-count is 25,000 yuan, the prices are balanced with those of the week before last.

Furthermore, in last week, the sales of ring spun yarn 10-count and bunchy yarns etc., are OK, the market for other woven fabrics used yarns are just so-so, the quotations are as follows: open-end spinning 7-count is 14,000 yuan, 10-count is 14,400 yuan, 12-count is 15,100 yuan, pure cotton yarn ordinary-carding 10-count is 17,500 yuan, the prices are kept stable