Yarn Production & Chemical Fiber Consumption in October

By CnAgri2012-12-04 09:56:31 Print     Pure cotton yarn production was 2.274 million MT in October and 20.042 million MT in January ~ October, up 12.8% and 12.3% respectively on the year-on-year basis. Mixed yarn production was 338,000 MT in October and 29.84 million MT in January ~ October, up 37.4% and 26.7% respectively on the year-on-year basis. Chemical fiber yarn production was 419,000 MT in October and 3.854 million MT in January ~ October, up 11.9% and 9.9% respectively on the year-on-year basis.
 
    The promulgated figures showed that the productions of pure cotton yarn, mixed yarn and chemical fiber yarn went up 17.8%, 21.1% and 17.7% respectively in October and 13.7%, 13.1% and 15.6% respectively in January ~ October, both on the year-on-year basis.
 
    In terms of the raw materials of yarn production, cotton ratio was estimated to be 78.19% in October and 78.19% in January ~ October, down 1% and 0.9% respectively on the year-on-year basis.
 
    Cotton consumption for yarn production was estimated to be 2.375 million MT in October. Taking into account of 3% waste and 20% reclaimed fibers, cotton consumption for yarn production was 1.957 million MT in October and 17.253 million MT in January ~ October, up 13.7% and 11.8% respectively on the year-on-year basis.
 
    The drop of cotton/chemical fiber ratio in yarn production was attributable to the drop of chemical fiber price.
 
    Chemical fiber production was 3.286 million MT in October, down 0.36% from the month before but up 11.43% on the year-on-year basis. Chemical fiber production totaled 32.011 million MT in January ~ October, an increase of 14.9% on the year-on-year basis.
 
    Terylene and viscose staple fiber prices were RMB10,746/MT and RMB14,571/MT respectively in October, down 16.98% and 24.67% respectively on the year-on-year basis. The cotton/terylene and cotton/viscose staple fiber price ratios were 1.74 and 1.28 in October, up 14.57% and 26.27% respectively on the year-on-year basis.



From “China Cotton Bi-Weekly Market Report”