SunSirs: Partial Specifications of Cotton Yarn Market in Xiaoshao Area Had Slightly Increased in Price

https://www.chemnet.com   Sep 06,2024 SunSirs

Price trend

On September 5th, futures were unstable, and the all cotton yarn market in the Xiaoshao area continued to be cautious, with some areas showing a willingness to raise prices. The mainstream price of 21S combed yarn was around 20,975 RMB/ton+25 RMB/ton, the mainstream price of high-end yarn was stable at around 21,550 RMB/ton, the mainstream price of 32S combed yarn was around 21,975 RMB/ton+25 RMB/ton, and the mainstream price of 40S high-end yarn was stable at around 23,650 RMB/ton.

Market outlook

It is expected that the overall market situation of cotton yarn in the near future will be mainly focused on observation, consolidation, and sales.

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