Home / Knowledge / News / Textiles / Rayon yarn price in Shengze sees steep plunge
Rayon yarn price in Shengze sees steep plunge
07
Apr '08
Recently, rayon yarn price in Shengze market figured a declining trend, with varieties of 10S, 13S, 20S, 30S, 40S can be purchased at a price ranging from 23,400, 23,500, 23,900, 24,600, and 25,700 yuan per ton respectively. A difference of 200 to 300 yuan per ton can be observed for most of the products.

Experts cited various reasons for such a significant drop in rayon yarn price. Firstly, the plunge in the upstream VSF price has forced to cut down the rates of rayon yarn. Secondly, as weaving factories have large stocks, demand for rayon yarn in the market was sluggish.

According to the market professionals, thinner profit margins, throat cut competition along with unstable attitude of the market as well as traders, induces merchants to sell their stocks at lower prices.

Presently, average price of viscose fiber market has fell further to 19,850 yuan per ton. Market outlook is expected to follow a downward trend.

Fibre2fashion News Desk - China


Must ReadView All

Respresentatives of over 30 Chinese companies in a meeting with officials of Kazakh Invest National Company; Courtesy: primeminister.kz

Textiles | On 17th Aug 2018

Kazakh-China cooperation in textiles explored in Astana

China and Kazakhstan have immense potential to cooperate in textiles...

Courtesy: Pexels

Textiles | On 17th Aug 2018

AWEX EMI closes at highest ever level of 2116ac clean/kg

The Australian Wool Exchange (AWEX) Eastern Market Indicator (EMI)...

Courtesy: VF Corporation

Apparel/Garments | On 17th Aug 2018

VF Corporation shifting global headquarters to Denver

VF Corporation, one of the largest apparel, footwear and accessories...

Interviews View All

Headhonchos
Indian textile value chain

'One nation, one tax' is a great concept

Veronique Lee
Modavanti

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

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Urmil Arya

Sushila International, a well established textile organisation established ...

Shivani Swamy

The Livinguard Technology is owned by Green Impact Holding AG based in...

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Mark Brill
Birmingham City University (BCU)

<div>A technological breakthrough could see people getting messages about...

Prof Seokheun (Sean) Choi
Binghamton University, State University of New York (SUNY)

A team of researchers from the State University of New York (SUNY),...

Alfonso Marra
Klopman

It was in 1968 that Klopman introduced the concept of poly/cotton workwear ...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Varsha Wadhwa
VW

Coming from a family that ran a business of jute and linen mills since...

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

Leave your Comments


August 2018

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

news category


Related Categories:

Advanced Search