Chemical Yarn Prices Keep Dropping This Week

Chemical fiber feedstock prices keep weak this week. The average price of China domestic polyester staple fiber is at 12200yuan/mt and viscose staple fiber at 24820yuan/mt. Chemical fiber yarn prices keep dropping. The market prices of better rayon yarn 40s for knitting in Jiangsu and Zhejiang are at 31500-32000yuan/mt while the prices of polyester yarn 32s for knitting in Fujian are at 16800yuan/mt, pre-tax.

$1=CNY6.64

source:CCFGroup.com