Yarn Market Morning Express (Dec 31, 2010)

The rising prices of rayon yarn slow down. In Gaomi, the prices of warping rayon yarn 30s for weaving are at 30000yuan/mt with limited transactions while the mainstream traded price in other regions is at 28000-28500yuan/mt and higher at 29000yuan/mt. The transaction prices of rayon yarn 30s for knitting are at 30000yuan/mt.

The sales of cotton yarn have not recovered with limited orders and some medium and small spinners in Jiangsu, Zhejiang, Fujian and Guangdong will have holidays in New Year.

source:CCFGroup.com