SunSirs--China Commodity Data Group

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SunSirs: Rayon Yarn is still Mainly Purchased in Downstream Rigid Demand

March 22 2023 10:48:52     

On March 20, the benchmark price of rayon yarn in Sunsirs was 17666.67 RMB/ton, which was -0.19% lower than that at the beginning of this month (17700.00 RMB/ton).

The rayon yarn market continues to run steadily, and the overall downstream of rayon yarn still needs to be purchased mainly, the transaction atmosphere is relatively general, the start of work is basically maintained, and the recovery is not as expected, and it is basically about 70-72% by the end of this week. At present, it is difficult for the demand of the terminal market to change significantly, and it is difficult for yarn companies to take strong actions. They should adjust their negotiation space according to their own shipments.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com

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