Chinese imports of cotton yarn in November may increase slightly compared with October. Supply is not expected to be tight, and price is likely to be weak. Price of Indian carded 32S for airjet may rebound.

Cotton yarn imports in January to September 2016 were down 20.5 per cent on the year. Vietnam, Pakistan and India remained the major cotton yarn suppliers for China in September, totally sharing around 71.5 per cent.

Vietnam ranked first with price and tariff advantage, and Pakistan was in the second position with stable demand for low-count carded cotton yarn and siro-spun cotton yarn from Chinese buyers. India declined to the third position in September amid slanting high price.

India was the largest import origin for combed 30-47S/1 in January to September 2016, sharing around 50.2 per cent, as the price of Indian combed 30-47S/1 enjoyed an absolute advantage. Vietnam was the biggest supplier in August 2016.

Import unit price of cotton yarn increased in September. The price rise of combed cotton yarn was steeper than the price rise of carded ones in September. Month-on-month increment of combed 8-25S multiple plied yarn was the biggest in September, staying at around 8.7 per cent, and increment of combed 25-30S multiple plied yarn was the smallest, staying at around 1.8 per cent.