The Vietnam Cotton & Spinning Association (VCOSA) is pleased to share with enterprises some news related to the cotton - yarn market, the latest updates in the weekly report compiled by VCOSA. Here's a summary of the information about main markets:
New York cotton futures fell to 65.01 cents per pound before experiencing a slight rebound, driven by weak U.S. export sales, particularly to China.The Indian fiber and yarn market remained stable in the past week, with minor price increases in polyester and viscose yarn while cotton yarn was unchanged.India's cotton yarn export prices saw minor declines over the past week, with most categories reflecting slight downward adjustments.China's cotton yarn imports continued their slow decline, reflecting subdued demand.PTA prices have rebounded in response to a series of upcoming maintenance shutdowns across key production facilities, tightening supply at a time when cost pressure from upstream crude oil and paraxylene remains elevated.
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VCOSA | VIETNAM COTTON AND SPINNING ASSOCIATION
