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PSF & VSF prices decline in Chinese market
Oct '12
The prices of polyester staple fibre (PSF) and viscose staple fibre (VSF) declined during the last week in China.
The market price of 1.4D x 38mm PSF dipped to about 10,950 yuan/ton last week.
Similarly, the price of rayon yarn 10s weakened to 17,000 yuan/ton, but it still had demand. The price of rayon yarn 20s declined by 200 yuan/ton to 17,600 yuan, whereas the price of 13s dipped to 17,200 yuan/ton.
The price of VSF decreased to 14,600 yuan/ton, down 300 yuan/ton compared to a week earlier.
Meanwhile, increased demand was seen for cotton yarn 21s and open-end cotton yarn 40s.
The sales of cotton/polyester yarn 80/20 45s increased.
The price of polyester yarn 45s slightly dipped to 15,700 yuan/ton.
No transaction was seen in polyester 50s and its price fell by 200 yuan/ton to 16,600 yuan/ton.
The prices of polyester yarn and rayon yarn are likely to further decline in the short-term.

Fibre2fashion News Desk - China

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