Viscose price goes up in China while down in India

In China, 30s compact siro-spun yarn in Jiangsu was up US cents 3 a kg in the fourth week of September while rayon weaving yarn 30s in Xiaoshan edged up US cent 1 a kg on the week.

Spun viscose yarn prices were stable to higher while selling ideas were reported stable. The markets were supported by the uptrend in viscose staple fibre prices while supply tightness remained unresolved.

Prices in India weakened sharply during the week although VSF prices held steady trend since Early May. The fall largely reflected weak demand, both in domestic as well as export markets.

In India, 30s viscose spun yarn prices fell US cents 2 a kg on the week in Indore market.

In Pakistan, viscose yarn markets were shut for most part of the week due to Ed festival. 30s viscose yarn rolled over in Karachi market.

Courtesy: Weekly PriceWatch Report

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