In China, offers for ring‐spun 30s weaving yarn in Xiaoshan were flat to weak in the second week of March, while compact siro‐spun 40s yarn in Jiangsu were steady on the week.
Spun viscose yarn markets were bit weak in China, with inventory rising at yarn makers. Low‐end trading prices for ring‐spun 30s yarn and siro‐spun 40s yarn were below previous week’s levels. Market participants held different opinions on future development on the back of mixed signals.
In Pakistan, viscose yarn prices climbed on cost support from rising VSF prices in the week due to rise in seasonal demand.
In India, viscose yarn prices generally rolled over as cost support was stable while demand remained modest as mill use saw blending VSF and polyester as a viable option.
Courtesy: Weekly PriceWatch Report