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Viscose yarn price declines amid softening demand

YarnsandFibers News Bureau 2017-12-19 07:29:45 –

In China, offers for ring?spun 30s weaving yarn in Xiaoshan fell US cents 4 a kg in the third week of December while compact siro?spun 40s yarns in Jiangsu declined US cents 5 a kg on the week.

Spun viscose yarn market in China dipped this week in tandem with softening viscose staple fibre cost during the week. Buying interest was subdued while liquidity was fair during the week. However, the dull season has begun and it is likely to extend weakness in coming weeks.

In India, viscose spun yarn prices were largely unchanged during the week.

In Pakistan, viscose spun yarn prices were stable this week with relatively lower level of demand at the end of the season. 35s viscose yarn prices were flat on the week and 40s were firm in Karachi market.

Viscose spun yarn prices continued to fall in China while they were firm in India and Pakistan during the week.

Courtesy: Weekly PriceWatch Report

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