Viscose Yarn Market Analysis: Trends, Prices & Forecast
Insights
- Between the second and third weeks of May 2024, VFY prices saw a slight increase driven by steady production, enhanced export performance, and constrained delivery, supported by stable to improved demand from traders and downstream plants restocking selectively.
- VFY 133.3 decitex 30 filaments bright prices for FOB China were quoted in the range of US$6.20 per kg to US$6.30 per kg.
- VFY market is expected to be stable to stronger in the short run, and trading prices are still likely to move up.
- During the second and third weeks of May 2024, VSF prices remained stable due to steady order fulfilment, limited fresh business, and resolute selling strategies from Chinese VSF exporters, despite apparent weak demand from spinners and logistical hurdles in export markets.
- VSF prices in the Chinese market were assessed at around US$1868 per ton.
- The price of VSF may remain stabled next week.
Trend Report
The average price of Viscose Filament Yarn 133.33 dtex Bright - FOB China has increased by 0.10% in the month of April 2024 as compared to March 2024. The price of Viscose Filament Yarn 133.33 dtex Bright - FOB China has been above its last six months average price by 0.30%. The price of Viscose Filament Yarn 133.33 dtex Bright - FOB China has reduced by a CAGR of -0.16% in last one year. The price of Viscose Filament Yarn 133.33 dtex Bright - FOB China in the month of April 2024 has decreased by -3.16% as compared to the same month last year.
The average price of Viscose Staple Fibre 1.5D*38mm - China has decreased by -2.55% in the month of April 2024 as compared to March 2024. The price of Viscose Staple Fibre 1.5D*38mm - China has been below its last six months average price by -0.77%. The price of Viscose Staple Fibre 1.5D*38mm - China has reduced by a CAGR of -0.33% in last one year. The price of Viscose Staple Fibre 1.5D*38mm - China in the month of April 2024 has decreased by -4.60% as compared to the same month last year.
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- Please register with your business email only.
- Trial access period will be allowed for 3 days for both modules combined - Textile & Apparel as well as Technical Textiles
- You shall be notified on your registered email once the trial is activated