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For polyester yarn, polyester/cotton yarn and other varieties, the silver lining was that the inventory was reduced to a low level before the holiday, and spinners were in no hurry to conclude new deals in order to exchange for capitals. So the price decline of polyester yarn and polyester/cotton ya
Compared with polyester yarn, polyester/cotton yarn is more paled. Most mills still hold 20,000yuan/mt cotton stocks. Currently, cotton price dropped close to 15,000yuan/mt and the cash flow of polyester/cotton yarn has turned positive, but in fact, the mills are still at significant losses. A large
Polyester/cotton yarn mills reported a slump in their overall demand this year, partly owing to the surge in supply caused by previous production shift and partly due to the change in market sentiment owing to the trade war. As the CCF Group notes, after initial smooth sales and low inventory in end
Polyester/cotton yarn exports of China reached 2,212mt in Jul, down 23% on the year, and the imports amounted to 1,276mt. The chart below shows the change of polyester/cotton yarn exports during Jan-Jul. It can be seen that the exports increased only in Mar, which was owing to the advanced demand ca
