The downward trend for Viscose strengthened this week. Although a number of suppliers has implemented the Monthly Statement policy, the middle class price is 16,300-16,500 RMB/ton, high class 16,600-16,700RMB/ton. But this still can’t stop the rumor of further decline. the supplier adjusted the price after the holiday, later this week the price went down again. Rumor has it that a few big orders are sign at 16,000.
Viscose Yarn market continues go down, deals are hard to finalize for long time, cash flow faces pressure. The dump sell becomes prevalent, price is mess.