Viscose yarn price stablises in Asia

In China, 30s siro-spun yarn in Jiangsu were unchanged in the last week of September while compact & siro-spun 40s yarn were up US cent 1 a kg on the week in Jiangsu.

Spun viscose yarn prices were stable to higher in China this week amid steady liquidity.

Offers held flat amid favorable sales, while selling ideas were reportedly stable for 100 per cent viscose yarn although transactions were mute in a holiday-shortened week and due to steady rise of VSF prices in recent weeks.

In India, 30s viscose spun yarn prices were down US cent 1 a kg due to weak INR in Indore market. Prices in India rolled over in Indore market since VSF prices continued to remain firm on the week.

In Pakistan, viscose yarn prices moved flat on the week as demand was reportedly picking up while firmness in VSF prices continued to support the markets.

Courtesy: Weekly PriceWatch Report

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