In China, offers for ring‐spun 30s weaving yarn in Xiaoshan were flat in the first week of March, while compact siro‐spun 40s yarn in Jiangsu were steady on the week.
Spun viscose yarn markets were stable to weak while prices mostly rolled over from previous week. In China, offers for ring‐spun and siro‐spun yarn were mainly flat. Yarn makers met with more difficulty in liquidating volumes, and some faced piling inventories in recent days.
In Pakistan, VSF prices did not move in the week and there was no rise in viscose yarn prices expected in the short term, due to a weaker demand from the China market.
In India, viscose yarn price were stable to firm in Ludhiana market on support of volatile cotton yarn prices although spun viscose sentiment was just picking up.
Courtesy: Weekly PriceWatch Report
