In China, offers for ring‐spun 30s weaving yarn in Xiaoshan were up US cents 2 a kg in the last week of February, while compact siro‐spun 40s yarn in Jiangsu was flat on the week.
Viscose spun yarn prices were stable to up as a whole in Asian markets that week. In China, market offers for ring‐spun 30s yarn, siro‐spun 40s yarn mainly inched up. However, orders turned to be just moderate as prices for siro-spun rayon yarn were largely stable and demand for Fujian-origin 40s yarn lusterless.
In India, viscose yarn prices moved up as export demand was recovering. In January about 2.6 million kgs of viscose yarn was exported at an average price of US$3.03 a kg. 30s viscose spun knitting yarn prices were up INR1 a kg (up US cent 1) on the week.
In Pakistan, viscose yarn prices rolled over on firm but unchanged VSF prices.
Courtesy: Weekly PriceWatch Report
