Spun viscose market continues to go down this week as before, at the beginning and middle of this week, supplier declined price for twice. first half week the price for Middle is 16,800-17,000 RMB/ton, high class 17,000-17,300 RMB/ton. Second half week market forecast is still weak. Price further declined to middle 16,500-16,800 RMB/ton, high 16,800-17,000 RMB/ton.
Viscose yarn market goes down a lot.
This week the price will continue go down, market expects to observe some inelastic procurement after the holiday in small quantity.