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Live News | Time:Jul 12 2018 10:24AM
Open-end cotton yarn keeps weak demand
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Open-end cotton yarn keeps weak demand and the price inches down. Cotton yarn mills see thin profits with some at a loss. Hubei-origin OEC21S for air-jet is mainly quoted at 17,700yuan/mt, short-distance delivered. Trading of high-count cotton yarn is poor and the price tends stable to weak. Shandong-origin combed 60S containing 30% long staple cotton is quoted at 35,000yuan/mt or so by cash, after-tax, ex-works.

($1=CNY 6.71)

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