Rayon yarn market presents weak and most plants have inventory of 10-20 days. Downstream plants mainly hold wait-and-see stances with limited enquires. The market prices of rayon yarn 30s for weaving produced in Xiaoshan and Shaoxing are at 30000-30500yuan/mt and transaction prices at 29000-29500yaun/mt while the prevailing prices of rayon yarn 30s for knitting produced in Xinxiang are at 32000yuan/mt and transaction pricee at 1000yuan/mt lower. In addition, cotton yarn market maintain weak and downstream demand keep lackluster.

$1=CNY6.67

source:CCFGroup.com