Viscose Market Morning Express (Dec 8, 2010)

Some yarn mills witness lower feedstock inventory lately and the demand for VSF increases, so VSF sales improve slightly though the trading sentiment is still subdued.

VSF plants generally quote VSF 1.5D at 27300-28000yuan/mt, with discounted price at 26500yuan/mt and the lower selling rate of traders is less than 25000yuan/mt. The price decline is expected to slow down later.

($=CNY6.66)

source:CCFGroup.com