Viscose yarn price edges down in China

In China, offers for ring?spun 30s weaving yarn in Xiaoshan were up in the second week of June, while compact siro?spun 40s yarns in Jiangsu rose on the week, both up US cent 1 a kg.

Viscose spun yarn prices were stable to firm in China, driven by firmer VSF prices. Core?spun yarn prices climbed, with offers for rabbit?hair?like yarn 28s hiked while ring?spun yarn prices generally rolled over.

Viscose yarn prices rolled over in Pakistan given the stability in domestic and imported VSF prices. Yarn shipments to China have dropped sharply as buyers have progressively shifted to domestic market.

In India, viscose yarn prices rolled over on support for firmer VSF cost.

Courtesy: Weekly PriceWatch Report

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