Viscose yarn price slips in China

YarnsandFibers News Bureau 2016-01-11 10:15:17 –

In China, mainstream prices of 40s compact siro-spun yarn in Jiangsu fell US cents 6 a kg in the last week of December while 30s spun viscose in Xiaoshan fell US cents 3 a kg.

Spun viscose yarn market sentiment was soft in China, seeing yarn makers mainly liquidating their stocks based on market prevailing prices.

Market offers for siro-spun 40s yarn and compact and siro-spun yarn fell further on the week in line with tumbling VSF cost.

In India, viscose yarn prices rolled over as VSF prices were stable although markets have remained depressed due to lack of demand from the downstream textile producers.

30s viscose spun yarn prices were up US cents 2 (due to strong INR) in Indore market.

In Pakistan, viscose yarn market was confronted with low level of demand from China.

30s and 40s viscose yarn prices rolled over in Karachi market.

Courtesy: Weekly PriceWatch Report

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