In China, offers for ring‐spun 30s yarn rolled in the second week of December while compact siro‐spun 40s yarn was flat on the week. Viscose spun yarn markets trended up in China, in line with the general trend in viscose market.
Hereinto, offers for ring‐spun 30s yarn mostly ascended in Yuan terms but weak currency pegged prices stable in US$ terms while siro‐spun 40s yarn increased in both terms. Core‐spun yarn market north of Jiangsu turned dim.
In Pakistan, both viscose fibre and viscose spun yarn prices rolled over as export markets were relatively slow in the week. 35s and 40s viscose yarn prices were both were up US cent 1 a kg on the week.
In India, viscose yarn markets were strongly supported by export orders. In November, exports recorded 50% YoY increase, but from a low base. 30s viscose spun knitting yarn prices inched up US cents 2 a kg in Indore market.
Courtesy: Weekly PriceWatch Report
