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VSF prices display strong trends
15
Sep '10
Viscose staple fiber (VSF) price showed strong trend in early September, price focus of viscose staple fiber 1.5D * 38mm (White) rose from 17,450 Yuan / ton in late August to 18,100 Yuan / ton in early September.

VSF quotation of Jilin Chemical Fiber Group increased from 17,800 Yuan / ton to 18,300 Yuan / ton and the price of differentiation staple fiber 2.0D/51mm (black), however remained stable at 23,000 Yuan / ton.

In general, price movement of mainstream varieties of viscose staple fibers showed a strong trend in early September.

Viscose filament yarn price remained stable, of which, the price of bright viscose filament 133.3dtex/30f (cotton paddle) remained at 37,750 Yuan / ton from late August to early September.

Viscose bright filament 166.7dtex / 30f stayed at 36,250 Yuan / ton and viscose bright filament 500dtex/100f (produced in Yibin) remained at 31,500 Yuan / ton. In general, viscose filament yarn prices showed a flat consolidation pattern.

The current price of cotton grade 328 fell from 18,067 Yuan / ton to 18,046 Yuan / ton in the same period. Current price of viscose staple fiber is 54 Yuan / ton lower than domestic spot cotton 328, and the spread has significantly reduced.

In downstream sector, rayon yarn market continues to increase, of which, the price of rayon yarn 30s rose from 24,200 Yuan / ton in late August to 24,500 Yuan / ton in early September; while rayon yarn 40s rose from 25,800 Yuan / ton to 26,000 Yuan / ton.

Viscose fiber price is expected to follow a relatively stable trend, taking into account the factors mentioned above.

Fibre2fashion News Desk - China

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