Login ID:
Password:
Partner Login
Contact Us : 07666977977

Viscose Fibre And Yarn Prices Up In China, Stable In India And Pakistan

20 Dec 2016 3:59 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

MUMBAI (Commoditiescontrol) – Viscose staple fibre (VSF) markets saw supply tightened with more maintenance seen in China, especially in northern region in the week of 16 December. Meanwhile, downstream converters made required replenishments, leading to warmer trading atmosphere during the week. And this supported offers to climb. Run rate fell a bit due to environmental issues in some region this week. Offers for medium‐end VSF rose US cents 5 to US$2.22-2.24 a kg while high-end VSF were not lower than US$2.23 kg, up US cents 3.

In Pakistan, VSF prices stayed firm for the fourth week in a row supported by stable import pricing. In India, VSF prices also rolled over supported by firmness in viscose yarn markets. 1.5D VSF prices in Pakistan were at US$2.24-2.27 a kg in Karachi market. In India, prices remained unchanged at US$2.12-2.23 a kg.

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. Offers for ring‐spun 30s yarn rolled over at US$2.83-2.86 a kg, while compact siro‐spun 40s yarn was flat at US$3.29 a kg.

In Pakistan, viscose spun yarn markets were relatively slow in the week while Indian markets were strongly supported by export orders. In November, exports recorded 50% YoY increase, but from a low base. In Pakistan, 35s viscose yarn prices remained unchanged on the week at US$2.93 a kg and 40s at US$3.42 a kg in Karachi market, both up US cent 1 on the week. In India, 30s knitting yarn prices rolled over in Indore market at US$2.63 a kg.
(By Commoditiescontrol Bureau; +91-22-40015522)


       
  Rate this story 1 out of 52 out of 53 out of 54 out of 55 out of 5 Rated
0.0

   Post comment
Comment :

Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy.
Name :  
Email :  
   

Top | Post Comment  

Latest Special Reports
Cotton Weekly: On-going Rains Weigh on Indian Cotton Ma...
Technical: Cotton Bales Rajkot- Expect Correction/Conso...
Technical: Cotton Seed Kadi : Consolidation At Lower Ra...
Cotton Weekly: Mid-week Rains Ends Bull Rally in Indian...
WASDE: World Cotton Production To Rise 8% In 2017/18
more
Top 5 News
Weekly: Pulses Extend Losses On Fall In Demand/Volume
Weekly: Spot Red Chilli Gains Most In Spices Complex; C...
Technical: Cotton Seed Oil Cake - Expect Support At Low...
Spot RBD Palmolein To Trade Steady To Up Next Week
Cotton Weekly: On-going Rains Weigh on Indian Cotton Ma...
Top 5 Market Commentary
*DJ Regis Resources Price Target Raised 6.7% to A$3.20/...
DJ Lihir Offsets Fall In Newcrest Gold Production >N...
*DJ Iluka: Improved Mineral Sales Market Conditions Evi...
*DJ Iluka 2Q Mineral Sands Production 344,300 Tons
*DJ Iluka 1H Zircon, Rutile, Synthetic Rutile Output Vo...
Copyright © CC Commodity Info Services LLP. All rights reserved.