It is preferable to wait for lower prices on the international yarn market, most buyers used to say in the last weeks.

With the general drop in prices now in full swing, yarn processors will avoid accumulating large inventories.

Lower clothing retail sales in Europe may also put some downward pressure on yarn use and prices in the following months.

On the other side of the global market, cotton output is expected to significantly rise in the new season.

In India, much larger arrivals should soon reach the local markets, therefore depressing fiber and yarn prices.

Cotton yarn prices further fell 4.2% to 11.10% in October after recovering for a few weeks in September.

Given the period of the year, there is no reason to anticipate some rebound in cotton yarn prices in the very short term.

Yarn inventories are not especially tight at spinning mills in Asia, far from it.

Textile fiber prices are more strongly falling in the current period with viscose fiber and yarn prices more negatively affected.

The rebound of the euro in September may have offered some support to Asian yarn exporters.

More important, the strong fall of the Indian rupee helped exporters in India in lowering prices in US$ terms without destroying their margins.