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Viscose chain: prices sustained post holidays in china

Viscose chain: prices sustained post holidays in china Source:
Date: 19-02-2013
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Asian viscose staple fibre markets were largely covered by the holiday sentiment after the Lunar New Year. The first day saw VSF offers stabilized to firm, with some producers pushing offers up in a quiet market. Some producers focused on the delivery of orders placed before the holiday. VSF markets in India and Pakistan were calm and prices rolled over.
As China resumed back to business, there were no concrete offers from viscose filament yarn makers on the first day. Offers are likely to be issued after the industry meeting to be held on 19 February. Prices in India remained unchanged at previous week’s numbers. Upstream, dissolving pulp mainstream offers in Asia remained firm at US$1,080 a ton while imported dissolving pulp sustained strength at US$860-930 a ton.
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