Viscose markets continue to weaken further

YarnsandFibers News Bureau , 20-08-2019 13:43 -

Viscose staple fibre (VSF) price downtrend slowed down in China amid limited availability and decreasing supply in the markets in July. In China, VSF offers were slightly low by the end of the month amid stable pulp prices and insipid demand.

Viscose filament yarn (VFY) prices slipped in China in line with soft VSF prices that month. The market sentiment was mostly dull during the month. VFY producers were not able to liquidate volumes in the current seasonal lull, and thus, they had to provide discounts to conclude discussions. In India, VFY offers were down during the month amid falling VSF cost. In China, 120D dull VFY offers were down US cents 6 a kg while bright US cents 6 a kg on the month.

Viscose spun yarn prices dipped in China amid stable-to-down viscose staple fibre costs. The market sentiment was mostly dull during the month. In India, spun viscose yarn prices were down amid soft VSF cost during the month In Pakistan, viscose market prices remained stable despite a sharp rise in VSF cost in the initial weeks. In Xiaoshan, 30s spun viscose fell US cents 2 a kg.

Courtesy: Weekly PriceWatch Report

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