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Viscose Chain: VSF prices see marginal gain
Dated- 09 Apr , 2012 - Global
Asian viscose staple fibre markets saw thin activities in the Tomb-sweeping Day holiday week. Most downstream yarn producers were consuming previously stocked feedstock and several made small-volume replenishment. Viscose producers in China were mostly busy delivering previously ordered goods while fresh orders from buyers were thin. Prices inched up a bit in Yuan term but were down in US$ terms in China.
Viscose filament yarn markets were in stalemate in the other dull and short trading week. Demand continued to remain thin as downstream users reported poor orders. Players were not expecting strengthening of VFY prices in near future, and buyers only made small-volume replenishments to keep units running. In dissolving pulp market, offers for mainstream products were at US$1,080-1,100/ton. With lower quality, offers for some new and non-mainstream products were heard at US$1,050/ton or less.
Source: YnFx.com
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