Interviews
Chinese VSF market in confusion mode
05 Jun '12
1 min read
Recent trends in the viscose staple fibre (VSF) market look confusing. Prices are declining at a very fast pace in recent days.
Generally there is no clear focus of offers, buyers and sellers mostly discuss and transact orders on a individual basis.
Discussions from high-end VSF producers focus in the range of 15,600-15,700 Yuan / ton, while lower trading level is in the range of 15,300-15,400 Yuan / ton.
Discussions of mid-end factories are in the range of 15,200-15,300 Yuan / ton, lower trading level is in the range of 15,000 Yuan / ton.
Downstream sector is in a panic mode as they keep a wait-and-watch attitude with little intention of buying.
A few downstream factories are demanding significantly lower price when they want to purchase some goods.
Generally there is no clear focus of offers, buyers and sellers mostly discuss and transact orders on a individual basis.
Discussions from high-end VSF producers focus in the range of 15,600-15,700 Yuan / ton, while lower trading level is in the range of 15,300-15,400 Yuan / ton.
Discussions of mid-end factories are in the range of 15,200-15,300 Yuan / ton, lower trading level is in the range of 15,000 Yuan / ton.
Downstream sector is in a panic mode as they keep a wait-and-watch attitude with little intention of buying.
A few downstream factories are demanding significantly lower price when they want to purchase some goods.
Fibre2fashion News Desk - China
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