Viscose spun yarn prices were steady in the Asian markets of China, India and Pakistan in the third week of September. In China, spun viscose yarn market was modest, with only core-spun yarn seeing relatively smooth liquidity. Prices were supported by firm VSF price trends.
In India, viscose spun yarn prices were stable during the week. Prices had declined sharply for about 4.4% in the past four weeks. 30s viscose spun knitting yarn price in Ludhiana rolled over on the week.
In Pakistan, viscose staple fiber prices remained unchanged during the week and thus supported the viscose spun yarn market with firmness. However, VSF prices could start increasing over a new rise of raw material costs at viscose plants. 35s viscose yarn prices were unchanged on the week and 40s were held firm in Karachi market.
Courtesy: Weekly PriceWatch Report
