Viscose yarn price sinks as raw material price weakens

In China, mainstream prices of 40s compact siro-spun yarn in Jiangsu were down US cents 2 a kg from in the second week of November while 30s spun viscose in Xiaoshan fell US cent 1 a kg.

Spun viscose yarn prices weakened in China that week reflecting the past week’s moderation in VSF prices.

Market prices for ring-spun 30s yarn were down while siro-spun yarn were stable to weak.

Cashmere-type yarns enjoyed good profit margins, with prices on the uptrend. Seeing inventory building up, yarn makers were under increased liquidity pressure.

In India, viscose yarn prices regained previous week’s loss as domestic demand was slightly picking up while VSF prices held stable at firm level, providing support to yarn makers.

30s viscose spun yarn prices were down US cent 1 a kg, due to weak INR in Indore market.

Viscose yarn prices generally rolled over in Pakistan.

Courtesy: Weekly PriceWatch Report

Recent Posts

Nylon or polyamide markets move up amid modest demand

In May 2020, nylon filament yarn prices were talked up amid climbing prices in the upstream CPL and nylon chip…

4 years ago

Polyester fiber, yarn prices firmer amid a rebound in PTA and MEG markets

In May 2020, polyester filament yarn prices recovered in China supported by higher prices in the polyester staple fibre markets.

4 years ago

Viscose or rayon markets continue to weaken in Asia

Viscose staple fibre prices in April were mostly down in the Asian markets of China, India, and Pakistan. In China,…

4 years ago

Acrylic fiber prices slip amid low acrylonitrile and propylene costs

Feedstock, propylene prices in Asia fell in April amid historic lows in the crude oil and naphtha markets that month.…

4 years ago

Nylon or polyamide markets slump on lackluster sentiment

Nylon or polyamide chip markets slumped in March amid weakening prices in the raw material CPL markets while downstream buying…

4 years ago

Polyester prices nosedive to multi-year lows across the world

In March 2020, polyester staple fiber (PSF) prices declined month-on-month in China as demand was weak and supply was abundant.…

4 years ago