Home / Knowledge / News / Textiles / VSF price sees double digit fall over year in S E Asia
VSF price sees double digit fall over year in S E Asia
25
Nov '13
The average price of viscose staple fibre (VSF) decreased by 10 percent year-on-year to US$ 1.80/kg in Southeast Asia during the fortnight ending November 15, 2013, compared to the average price of US$ 2.00/kg recorded during the corresponding period of last year.
 
In the last fortnight ending November 15, average VSF price decreased by 4.76 percent from US$ 1.89 registered in the previous fortnight ending October 31.
 
In the first half of the last fortnight, in USD based export market, VSF prices decreased due to softening demand and offers were in the range of US$ 1.78-1.82/kg level in Southeast Asia. Initially, VSF market sentiments improved, affected by the preliminary ruling on anti-dumping duty on pulp during the first half. VSF producers focused on fulfilling previous orders during the period. On the other hand, downstream buyers were still cautious and active in digesting previous stocks. In the second half, prices remained stable, but trading sentiments remained sluggish. 
 
In the Chinese domestic market, mainstream offer prices for VSF 1.5 Den remained at around RMB 13,000/ton and for 1.2 Den remained at around RMB 13,200/ton, during the first half of the last fortnight. VSF market was relatively stable as downstream buyers showed moderate buying intentions in the Chinese domestic market during the first half of last fortnight. In the second half, mainstream offer prices for VSF 1.5 Den were around RMB 12,990/ton and for 1.2 Den were around RMB 13,240/ton.
 
Under such circumstances, it is expected that Viscose staple fibre prices will remain stable in the near term.
 

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: H&M

Apparel/Garments | On 30th Mar 2017

H&M group's sales increase 7% in 3 months to Feb '17

The H&M group's sales including VAT amounted to SEK 54,369 million...

Textiles | On 30th Mar 2017

Vietnam’s textile & garment exports earn $4bn in Jan-Feb

Vietnam earned $4 billion from textile and garment exports in the...

Textiles | On 30th Mar 2017

India Inc should work for July 1 GST roll out: Fin sec

The Goods and Services Tax (GST) will take India into a very exciting ...

Interviews View All

Veronique Lee
Modavanti

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

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
March 2017

March 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search