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Closing to Chinese traditional New Year–Spring Festival (Feb 1), cotton yarn market gradually steps into ice-cold territory, seeing dipping price and paled transactions.Since Nov, it has been highlighted that the significant time window is coming and it is suggested to focus on downstream orders. Ho
Aug was a transit from dull season to peak season traditionally. However, cotton yarn market performed well in Jun and Jul but weakened in Aug. It was mainly due to the macro factors and advanced downstream orders. Overall cotton yarn orders softened in Aug and market confidence was pressed. The ope
How will China cotton yarn market develop later?Firstly, affected by the pandemic outside China, cotton yarn producers such as India, Vietnam and Pakistan are seriously hit. Cotton yarn imports may reduce largely, which is favorable to the sales of Chinese low to medium-count cotton yarn. The stocks
Entering Dec, cotton yarn market has weakened slightly, but the sales still move smoothly. The market performs better than expected. In the whole year, trading of cotton yarn has been good since Sept improvement, despite the lackluster in May-Aug. The market performance in Q4 is also better than the
