Viscose staple fibre (VSF) price downtrend slowed down in China amid limited availability and decreasing supply in the markets in July. In China, VSF offers were slightly low by the end of the month amid stable pulp prices and insipid demand.
Spun yarn price sees continuous fall in Asian markets
Cotton yarn markets saw low transactions in the first week of August for domestic goods in China while imported yarn took a larger share, particularly of Vietnam-origin. In India, although cotton prices did not move much, cotton yarn prices have lost more than 2 per cent, having plunged 8-9 per cent in past three weeks. In Pakistan, too cotton yarn prices declined continuously, but were pushed by falling cotton prices.
