Since the second half of December, sales of spot imported yarn mills in Guangdong

Since the second half of December, sales of spot imported yarn mills in Guangdong, Nantong and Shandong have all turned better, and the prices have risen. Trader’s origin second-lined Pakistani siro-spun carded 10S in Guangdong has risen from 22,500yuan/mt at the end of last month to 23,600yuan/mt, after-tax, up 1,100yuan/mt in two weeks. However, the downstream weavers who planned for the holiday in end-Dec and early-Jan now may take holidays on Jan 15. Therefore, traders were generally not optimistic about the outlook around mid-Jan; but from the performance of the current market, the overall price has risen to varying degrees, so is the peak season of imported cotton yarn coming?