China Viscose Market Daily (12 Apr 2011)
CCF Prices
China Yarn Index, rayon yarn 30S (yuan/mt) | 29,800 | ↘200 |
Bright VFY 120D in Linping, Zhejiang (yuan/mt) | 51,000 | → |
Viscose filament yarn
First-grade VFY sales were dull as offers for bright VFY 120D were firm at 54500-55000yuan/mt with few deals being done. Traders purchased more goods before Lunar New Year holidays, so they did not show high buying interest lately. Downstream plants generally adopt a hand-to-mouth strategy.
($1=CNY 6.54)
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