Spun Yarn Prices In China (Biweekly Report)

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7 November 2008 - Spun yarn prices sharply declined in the last two weeks in China, in line with a fall in raw material costs. A series of yarn producing companies had to leave the business due to a lack of liquidity. Others reduced their production level. Spun polyester yarns lost about 12-14% over the two-week period while cotton yarn prices less strongly declined, as reflected by our tables about three major markets.

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