Viscose spun yarn prices were range bound in the first week of September on sluggish sales on mute transactions. In China, viscose prices gradually picked up as discussions for siro-spun mostly up, with passable liquidity. VSF prices have continued rising, with benchmark 1.5D staple fibers up 5 per cent in the last four weeks and 11 per cent in three months on reduced production over the month. Rayon weaving yarn 30s price in Xiaoshan was up US cents 2 a kg.
In India, viscose yarn prices declined on weak demand, both in domestic as well as export markets. 30s viscose spun yarn prices were further down US cents 2 a kg on the week in Indore market.
In Pakistan, viscose yarn prices generally rolled over as VSF prices were still stubborn at firm levels.
Courtesy: Weekly PriceWatch Report
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