Yarn Market Morning Express (Dec 29, 2010)

With the rising feedstock prices, chemical fiber yarn prices follow up with increasing sales. The market prices of polyester yarn 32s for knitting in Fujian and Guangdong are at 17000-17300yuan/mt and in Zhejiang at 18000yuan/mt. Rayon yarn prices also move up and the increment has been 1000yuan/mt. The transaction prices of rayon yarn 30s for knitting are at 30000yuan/mt. Cotton yarn prices tend to be stable and plants remain active to sell goods.

$1=CNY6.62

source:CCFGroup.com