In recent days, viscose staple fiber (VSF) markets in Jiangsu and Zhejiang provinces are mostly stable. Trading atmosphere is light, as Chinese Spring Festival approaches.
Offers from VSF producers are steady in the range of 16,600-17,000 Yuan / ton, market discussion basically focused on 16,600-16,800 Yuan/ ton.
According to the latest data released by National Bureau of Statistics, preliminary estimates reveal that China's GDP was 47.1564 trillion Yuan in 2011, an increase of 9.2 percent over the previous year.
Fibre2fashion News Desk - China
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