The prices of Cotton, PSF and VSF prices have increased after the Chinese Lunar New Year holiday. However, as per a CCF Group report, these prices vary greatly as there are no big differences in cotton and rayon grey fabric sales after the holiday.
The mainstream price of VSF has gained by more than 1,000yuan/mt to 13,000yuan/mt since New Year's Day while that of cotton 3128 has also risen from 22,300yuan/mt to 23,000yuan/mt. The prices of cotton yarn have also increased by 1,000yuan/mt after the holiday, while the latter is just quoted up by 300-500yuan/mt and there is even smaller growth of trading price. The prices of C32S has risen from 28,500yuan/mt to 29,700yuan/mt, while that of R32S have surged from 18,000yuan/mt to 18,300yuan/mt.
To conclude, the prices of grey fabrics have not thoroughly recovered as trades of the commodity remain limited. The prices of cotton yarns have surged higher due to a rise in demand,
