Environmental Initiative Aids Viscose Staple Market
Source: globecotnews Date: 2008-06-17
China's domestic viscose staple and cotton linter prices, which have been declining weekly over the past several months, have shown some improvement. The catalyst for these gains was a government initiative to ban the use of plastic shipping bags, creating increased demand for non-woven fabrics. Viscose staple fiber is the main raw material in the non-woven environmental-friendly shipping bags. It appears, prices of the 1.5 Denier 38 millimeter fibers are attempting to stabilize in the 15,800 to 16,000 yuan per ton price range, compared to early February prices of 21,500 yuan per ton, while Grade 2 cotton linters are stabilizing near 3,900 yuan per ton.
