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Rayon single yarn exported to five destinations (Brazil, Bangladesh, Pakistan, India and Vietnam) in Jul amounts to 7.805kt, down 24.9% y-o-y, accounting for 86% of total single yarn exports and the percentage has been falling for consecutive three months. The export structure has changed in Jul as
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
Traders in China textile market acted cautiously after the Lantern Festival, as well as cotton/rayon yarn and polyester/rayon yarn mills. Downstream production did not yet fully recovered and upstream feedstock did not keep firm. Spinners mostly stood on the sidelines. Vortex-spun rayon yarn quotati
