Yarn Updates (From 30th July to 04th August 2018)

09 Aug 2018

Yarn Updates (From 30th July to 04th August 2018)

August 09, 2018Market Watch

1) China nylon yarn market showed good profits in the week.

2) China PFY prices showed stable to higher in the beginning of the week.

3) China PFY prices generally remained stable to firm in the midweek.
As PTA futures was firm and downstream buyers were active, local PFY prices in Jiangsu and Zhejiang were stable to firm. And further uptrend may be anticipated on rising cost and low inventory.

4) China PFY prices moved up on firm feedstock in the end of the week.

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