Cotton yarn market continued to be modest with limited orders and stable prices. The market prices of cotton yarn 32s for knitting were at 34000-35000yuan/mt while the mainstream price of combed cotton yarn 40s was at 42000yuan/m. Polyester yarn prices continued to move up. The prices of polyester yarn 32s for knitting in Fujian and Guangdong were at 17400yuan/mt,pre-tax and in Jiangsu and Zhejiang at 18800yuan/mt, after-tax.

In Shandong and Jiangsu, cotton yarn prices continued to keep stable with still limited transactions. The mainstream price of combed cotton yarn 40s was at 42000yuan/mt while big scale plants mainly offered at 43000-44000yuan/mt, ex-work.

$1=CNY6.62

source:CCFGroup