Price trend
On April 10th, the all cotton yarn market in the Xiaoshan and Shaoxing area experienced a decline and consolidation, with continued sales. The mainstream price of 21S regular yarn was around 20,000 RMB/ton, a decrease of 200 RMB/ton; the mainstream price of high-end yarn was around 20,800 RMB/ton, a decrease of 100 RMB/ton; the mainstream price of 32S regular yarn was around 21,000 RMB/ton, a decrease of 200 RMB/ton, and the mainstream price of 40S high-end yarn was stable at 23,000 RMB/ton.
Market outlook
It is expected that the overall market situation of cotton yarn in the near future will be mainly wait-and-see.
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