Feedstock is hard to fall while rayon grey fabric is hard to rise

Operating rate of the VSF plants around Sweeping Tomb Festival holidays fell to less than 60% in sympathy with the epidemic and environmental protection, a new low for the year. In the case of supply contraction and loss reduction, the VSF prices of Tangshan Sanyou and Shandong Yamei rose to 14,500yuan/mt after the Sweeping Tomb Festival holidays, and then Sateri followed up. Mainstream VSF price now prevails at 13,900-14,500yuan/mt. After the Sweeping Tomb Festival holidays, vortex-spun and open-end rayon yarns prices moved up by 100-300yuan/mt, and vortex-spun rayon yarn mills in Wujiang witnessed better foreign orders and higher sales and prices. However, the rise in the feedstocks prices has not led to a pick-up in end-users demand, the price of rayon grey fabric was difficult to rise, the sales ratio burden increases, and more weavers cut or halted production.