Viscose Market Morning Express (Dec 31, 2010)

VSF market witness favorable off-takes at the end of year. VSF 1.5D is mainly quoted at 25300-25600yuan/mt and sales present good at 25000yuan/mt. Downstream plants start to procure feedstock on small volume at high rates. The overall sales ratio keeps at 100% and the inventory of VSF plants continues to move down since they have some unfulfilled previous contracts.

($1=CNY6.62)

source:CCFGroup.com