Arrivals of cotton yarn imports of China in Aug declined

Arrivals of cotton yarn imports of China in Aug declined, and the sales were slow, so the stocks did not reduce quickly in fact. In early and mid-Aug, the price of imported cotton yarn moved up first and then stabilized, but weakened gradually in late Aug. The tight supply of some varieties were eased, but structural issues still existed. At present, siro-spun cotton yarn supply was adequate, as well as 26S and 20S, while C21S and OEC21S were tight. Traders sold mostly with thin profit and large fall of price occasional happened.