Friday 2 December 2011
Rayon Fibre Rates
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Rayon fiber rates ongoing to adhere to the downtrend in Oriental areas this time as well. Consumption of polyester selection fibres is depressed by a decline in cotton fiber rates in most of the areas in Asia. Rayon selection fiber ongoing to adhere to the downtrend and rates went down during the second half of this last fortnight in the Oriental region in USD based market place. Weak market place conditions persist for polyester selection fiber business in West Europe as competition with Oriental imports intensifies.