Rayon fabric market has been dreary since Mar this year

Rayon fabric market has been dreary since Mar this year. There was temporary improvement in Jul, but has not been a favorable turn so far. There is no sign of traditional peak season this year and the market in the recent years is not strong in peak season, which is mainly attributed by several aspects.

The concentration of rayon yarn (including vortex-spun yarn) is rising due to higher concentration of VSF, so weaving mills are likely to stick together by lacking firm attitude in pricing with big quantity but scattered distribution.