Viscose Staple Fiber (VSF) prices continued to experience sluggish market conditions globally during early April xxxx. VSF price trend is driven by multiple factors which shaping the market dynamics during the period including absence of significant procurement and weakening consumer sentiments. Lack of new orders and the shift in the international trade policies has added more complexity in the market dynamics influencing VSF pricing.
In the US market, prices for the VSF remained weak during the period. Prices for the VSF took a dip of x.xxx in the early week of April xxxx stemmed from sluggish downstream market conditions, influencing the consumption patterns. Additionally, weak overseas import prices and rapid procurement in recent periods mainly shaped the market prices trend. While, the struggling retail sector also added some negative pressure, indicating weakened consumer sentiments.
Though in the recent time, market condition is totally uncertain...
