Home / Knowledge / News / Textiles / Chinese VSF price declines in November
Chinese VSF price declines in November
06
Dec '11
The price of viscose staple fibre (VSF) in China continued with its downward trend in November. VSF (1.2D/38mm) traded at about 16,940 yuan/ton by November-end, a decline of about 1,800 yuan/ton or 9.61 percent, from a price of 18,740 yuan/ton in early November.

The decline in VSF price to record low levels in November, in turn, increased the bearish sentiment of VSF manufacturers. Also, downstream rayon yarn manufacturers sharply cut production, and the market entered into a stalemate at one point.

There are two chief reasons for continued decrease in price of VSF. First, the reduction in export orders due to the ongoing debt crisis in Europe, which led to a slump in export orders that resulted in reduced purchase of raw materials by end-consumers. Second, as the end of the year is approaching, there has arisen a problem of 'capital' for VSF manufacturers. This has forced some of them to sell products at low cost to reduce their inventory pressure.

Fibre2fashion News Desk - China

Must ReadView All

Courtesy: SGS

Textiles | On 1st May 2017

SGS develops test for microfibre in laundering

SGS Global Softlines has developed a new testing service to assess...

Textiles | On 1st May 2017

FESPA to showcase digital, screen, textile industries

Stage is set for FESPA 2017 at the Hamburg Messe, Germany during May...

Courtesy: Copenhagen Fashion Summit

Textiles | On 1st May 2017

Copenhagen Summit to focus on commitment to change

Copenhagen Fashion Summit 2017, a business forum on sustainable...

Interviews View All

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Deepak Jain
Baggout

We are using Facebook and Instagram to promote ourselves

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X