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Viscose yarn price rolls over in Asia

YarnsandFibers News Bureau 2015-11-02 07:19:10 –

Spun viscose yarn prices were stable across markets in the fourth week of October.

In China, negotiations for 30S vortex-spun yarn and siro-spun 40S of Fujian origin were steady while compact siro-spun 40S were priced at a roll over.

Order intake for core-spun yarn was good.

40s compact siro-spun yarn in Jiangsu were down US cent 1 a kg while 30s spun viscose in Xiaoshan were up in local currency but down US cent 1 a kg on the week.

In India, demand in domestic market was modest while export demand was down.

In September, export was valued at US$7.62 million and volumes at 2.59 million kg. This was US cents 29 lower than a year ago.

In Pakistan, viscose yarn markets were mute and prices rolled over.

Courtesy: Weekly PriceWatch Report

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