Price trend

On March 12th, the all cotton yarn market in the Xiaoshan and Shaoxing area remained stable and slightly stagnant, with prices slightly falling. The mainstream price of 21S regular yarn was around 20,475 RMB/ton, down 25 RMB/ton, the mainstream price of high-end yarn was around 21,100 RMB/ton, down 50 RMB/ton; the mainstream price of 32S regular yarn was around 21,475 RMB/ton down 25 RMB/ton, and the mainstream price of 40S high-end yarn was around 23,250 RMB/ton, down 50 RMB/ton.

Market outlook

It is expected that the overall market situation of cotton yarn in the near future will be mainly focused on wait-and-see.

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