Viscose yarn price rolls over in China, India

In China, offers for ring?spun 30s weaving yarn in Xiaoshan rose were up US cents 2 a kg in the second week of January, while compact siro?spun 40s yarn in Jiangsu rose US cents 5 a kg on the week.

In China, viscose yarn mills gradually stopped business for the upcoming festival, so overall trading atmosphere cooled down gradually. Market was nearly closed, seeing the mills mostly wrap up the business for the holidays. Some large?size mills will also stop production gradually in the coming week.

In India, where the demonetization process continues disturbing market activities viscose yarn trade was dismal and prices tended to roll over while cost remained firm.

In Pakistan, demand for viscose yarns was on a recovery on the domestic market in line with rising business activities. Viscose yarn prices rose in line with VSF cost since past 4-5 weeks. 35s viscose yarn prices rose PakRs3 per pound or US cents 8 a kg on the week in Karachi market.

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,…

5 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.…

5 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…

5 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.…

5 years ago