Worsted Yarn No Major Move Despite Weak Yen & Lower Wool Prices

摘要

The worsted yarn price for weaving has not shown a major change from last fall when 2/48s worsted wool yarn for weaving was about 1,100 yen/kg and 2/60s worsted wool yarn for weaving was 1,250 yen.(Products from Japanese-affiliated spinning firms operating in China.Prices are quotations) The exchange has turned to a strong yen and wool market prices at unheard-of low levels have continued in recent years; however,wool market prices have not turned downward at this phase because of their failure to increase prices sufficiently when the yen was falling before that stage.There are some voices among spinners saying that "Yarn prices will move firmly," because the volume of yarn sales has been smooth.