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China Viscose Market Daily (12 Apr 2011)

2011-4-13

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)

Source:CCFGroup

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