In Jiangsu, 40s compact sirospun yarn prices rolled over in the first week of July while 30s spun viscose in Xiaoshan was up on the week. Offers for ring-spun 40s yarn were up US cents 3 a kg.
Spun viscose yarn market sentiment showed sign of strengthening as VSF prices climbed in China. In Xiaoshan and Shaoxing, spun viscose yarn markets were largely stable and some mills tentatively raised their indications. Ring-spun 30s yarn prices were hiked while 40s compact sirospun yarn prices remained unchanged.
In India, viscose yarn prices inched up by another INR1 despite VSF prices rolling over. 30s viscose spun yarn prices inched up again by INR1 a kg (up US cents 2 on the week) in Indore market.
In Pakistan, viscose yarn prices generally rolled over despite a slight slide in VSF cost over the month. 35s viscose yarn prices rolled over while 40s were flat in Karachi market.
Courtesy: Weekly PriceWatch Report
