Title: Viscose Filament Yarn (VFY) Pricing, Prices, Price | ChemAnalyst
1Viscose Filament Yarn (VFY) Prices Overview
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Market Overview Asia With an appreciable
rebound in the textile sector in November, a
sharp pickup due to festive demand across several
Asian economies bolstered the market sentiments
across various textiles units including Viscose
Filament Yarn (VFY). Price of VFY (Bright 40D)
was averaged at USD 4908 per MT in India,
showcasing a significant revival in comparison to
the previous quarter. Since several domestic
manufacturers reported that the Indian market
remained flooded with heavy VFY imports from
neighboring countries like China, Indonesia and
Vietnam, the countrys commerce ministry
announced initiation of anti-dumping probe to
check on the imports from these countries in the
final week of December.
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2Viscose Filament Yarn (VFY) Prices Overview
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- Although the proposed dumping duty is likely to
extend the profit margins of domestic
manufacturers, but it might also squeeze the
intakes for garners and weavers as the prices of
domestically produced viscose yarn are already
very high. In addition, anti-China movement in
U.S. has embraced a shift in the outsourcing of
textiles from China to India. - Get more info https//www.chemanalyst.com/Pricin
g-data/viscose-filament-yarn-84 -
- North America
-
- Supply of Viscose Filament Yarn (VFY) from
overseas considerably increased with respect to
the previous quarters owing to a considerable
rebound in the retail sale of textiles. Increased
demand for home textile products following the
shift to work from home has caused a prominent
increment in consumption for various textile
products. Suppliers were heard catering imports
from more than two Asian countries to restrain
from the risk of any shortage amidst the pandemic
uncertainties. In December end, the US government
along with several private officials signed an
MoU to assist Asia Pacific garment workers
severely hit by Covid-19 hardships. - Europe
-
- Recovery in the European Viscose Filament Yarn
(VFY) market was severely hit towards the end of
Q4 by the sudden buzz of new trace of coronavirus
in UK. Partial lockdown implied in several parts
of Europe majorly UK has caused a force measure
in various garments stores causing the slowdown
in the sales of garments in the later half of the
quarter. Furthermore, the Brexit agreement signed
between European Union and UK has also concerned
several suppliers over their export margins in
the coming years. Traders anticipate that this
deal aiming to push UK as an independent trade
identity could bottleneck the investment
opportunities and supply chain in the near-term. -
-
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3Viscose Filament Yarn (VFY) Prices Overview
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- How we can help
- ChemAnalyst addresses the key problematic areas
and risks associated with chemical and
petrochemical business globally and enables the
decision-maker to make smart choices. It
identifies and analyses factors such as
geopolitical risks, environmental risks, raw
material availability, supply chain
functionality, disruption in technology and so
on. It targets market volatility and ensures
clients navigate through challenges and pitfalls
in an efficient and agile manner. Timeliness and
accuracy of data has been the core competency of
ChemAnalyst, benefitting domestic as well as
global industry in tuning in to the real-time
data points to execute multi-billion-dollar
projects globally. - Methodology
- ChemAnalyst gathers information through primary
research surveys conducted with various Viscose
Filament Yarns manufacturers, spread across
the domestic and international market, suppliers
and dealers/distributors to gain insights
into value-chains and demand-supply scenario to
assess the market situation. Thorough study of
companys annual reports and secondary sources
such as exhaustive search on credible paid
databases, including our internal database is
done to verify the information. All the collected
information is analyzed, evaluated and presented
in chronological order to depict a meaningful and
clear picture of the concerned market. -
- Our dedicated team of industry experts
comprehensively monitors and analyzes various
aspects of the Global Viscose Filament Yarns
market. The team analyzes various industrial
segments, strategic viewpoints and provides an
analysis of the industrys performance in the
long run. This would enable our clients in
efficiently plan their future investments,
mitigate risk, understand the cost dynamics and
strike out a balance amidst market volatility. - --4--
4Viscose Filament Yarn (VFY) Prices Overview
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www.chemanalyst.com/
- Critical examination of the impact of COVID-19
pandemic on the global supply chains and shift in
demand patterns with change in buying behavior of
consumers across the globe. -
- Several ongoing development projects across
industries are tracked, followed by the details
of major projects in the development stage, which
can positively or negatively influence Global
Viscose Filament Yarns market. -
- Pricing is captured through exhaustive primary
interviews with domestic and international
manufacturers, traders and importers and
customers on monthly and yearly basis. -
- Finally, region-specific markets for Viscose
Filament Yarns are analyzed and region-wise
demand pattern is tracked. - About
- Viscose is mainly produced from
cellulose-dissolving pulp such as cotton, wood,
bamboo and others. Viscose exists in two forms
namely Viscose Staple Fiber (VSF) and Viscose
Filament Yarn (VFY). VFY, also called rayon
filament yarn or rayon yarn is a spun thread
which can be directly weaved into textiles. The
product is highly popular for manufacturing
fibers like crepes, georgette and chiffon owing
to its extraordinary properties like luster,
fluidity and superior drape. Manufacturing
process of VFY comprises various steps such as
pressing and steeping, aging, dissolving, wet
spinning, weaving and others. VFY can be produced
in a range of 40D to 1500D (Denier), depending
upon the desired finish. Since most of the
synthetic fibers are usually petroleum based,
thus severely polluting to the environment,
various industries are thinking of shifting to
biodegradable and environment friendly
alternatives like VFY.