2010-12-21
The demand for cotton yarn remains limited and most plants offer weakly with lower transaction prices. The market prices of cotton yarn 32s are at only 35000yuan/mt with decreasing orders while the mainstream price of combed cotton yarn 40s are at 42000-43000yuan/mt, lower at 40000yuan/mt in some regions. In addition, rayon yarn prices continue to slip down with slight recovering sales. The prices of rayon yarn 30s for knitting produced in Xinxiang are at 29000yuan/mt.
$1=CNY6.66
source:CCFGroup.com
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