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China : Changyi market weekly review

2006-11-22

Market prices at Changyi cotton material market maintained a stable situation last week (November 12-19). All of the products remained steady, apart from pure cotton yarn 32s, gained 200 yuan per ton. Some businessmen estimated that cotton prices would not suffer a major drop in near future.

The current market prices of the mainstream products pure cotton yarn 21S,23S and 32S at Changyi market are 17000 yuan per ton, 17400 yuan per ton and 18400 yuan per ton.

On the week, pure polyester products also followed last week's stabilization, prices showed no big fluctuation, but sales declined compared with last week.

Better sellings of pure polyester products were 21S,23S and 32S with current market prices at 11300 yuan per ton, 11500 yuan per ton and 15300 yuan ton.

Having experienced a slight rise in a few weeks, this week, polyester filaments prices went relatively stable.

The current central market prices of DTY 100D, network filaments, porous POY and FDY were 14900 yuan per ton,15800 yuan per ton,13500 yuan per ton and 13600 yuan per ton.

The current central market prices of DTY 150D network filaments, porous POY and FDY were 14000 yuan per ton,14700 yuan per ton,12700 yuan per ton and 13600 yuan per ton.

The current central market prices of DTY 300D,network filament and FDY were 13500 yuan per ton,13800 yuan per ton, and 12800 yuan per ton.

Generally speaking, for the just past week, the market was more stable than last week. According to business analysis, cotton prices in the near future would not suffer substantial ups and downs, so there will be no major price floating for cotton yarn products.

In the last few weeks, prices of polyester filament products maintained a small rise due to short supply.

The situation changed in the just past week, with supply increased, prices represented relatively stable.

It is expected that there will be no big changes in the near future market for cotton yarns as well as polyester filaments.
 
 
Fibre2fashion, News Desk - China
 
 

 
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