Views: 0 Author: Site Editor Publish Time: 2019-12-25 Origin: Site
Conventional cotton yarn keeps sold smoothly.
In early Nov, pushed up by the strength of cotton price, cotton yarn mills saw higher cost pressure. Based on good sales, cotton yarn prices were partly revised up with carded one up about 100-300yuan/mt. In terms of the actual transactions, conventional carded cotton yarn saw smooth sales, good demand and even tight supply and the price tended stable. High-grade carded 32S was mainly traded at 20,500-21,000yuan/mt and high-grade carded 40S at 21,500yuan/mt. The sales of combed cotton yarn were not as good as that of carded one. Its inventory also stayed high. Combed 32S for knitting was mainly traded at 23,500yuan/mt and combed 40S for knitting at 24,500yuan/mt with some discounts.