For the Quarter Ending December 2025
North America
• In USA, the Viscose Staple Fibre Price Index fell by 0.8% quarter-over-quarter, reflecting balanced supply-demand dynamics.
• The average Viscose Staple Fibre price for the quarter was approximately USD 1833.00/MT reported value.
• Viscose Staple Fibre Spot Price remained range bound, supported by steady imports and domestic inventories.
• Viscose Staple Fibre Production Cost Trend remained neutral with feedstock caustic easing while pulp firmed slightly.
• Viscose Staple Fibre Demand Outlook is subdued due to cautious procurement and weak apparel sales.
• Elevated inventories and steady imports constrained upside in the Viscose Staple Fibre Price Index quarter.
• Major producers operated reliably at healthy utilization rates, supporting supply continuity and preventing price spikes.
• Viscose Staple Fibre Price Forecast indicates marginal fluctuations driven by seasonal restocking and smooth supply conditions.
Why did the price of Viscose Staple Fibre change in North America in December 2025?
• Steady import arrivals and adequate inventories maintained market balance, limiting upward pressure on spot prices.
• Mild feedstock fluctuations left production costs largely neutral, preventing significant cost-pass through to VSF prices.
APAC
• In South Korea, the Viscose Staple Fibre Price Index rose by only 0.85% quarter-over-quarter, reflecting port congestion.
• The average Viscose Staple Fibre price for the quarter was approximately USD 1707.00/MT, CFR Busan delivery.
• Viscose Staple Fibre Spot Price remained range-bound amid ample Chinese supplies and cautious downstream purchasing patterns.
• Viscose Staple Fibre Production Cost Trend remained stable with flat pulp and chemical costs supporting margins.
• Viscose Staple Fibre Demand Outlook remains cautious as mills limit purchases amid subdued apparel retail demand.
• Inventory dynamics and export demand trends have kept the Viscose Staple Fibre Price Index largely range-bound.
• Regional mill maintenance and intermittent freight pressures marginally tightened supply, supporting Viscose Staple Fibre market resilience.
• The Viscose Staple Fibre Price Forecast anticipates modest gains as targeted restocking offsets muted apparel demand.
Why did the price of Viscose Staple Fibre change in South Korea in Q4 2025?
• Robust Chinese export flows and ample origin inventories constrained importers, limiting aggressive buying and capping increases.
• Flat feedstock trends prevented significant cost pass-through, keeping market response measured and balanced.
Europe
• In Germany, the Viscose Staple Fibre Price Index fell by 5.38% quarter-over-quarter, reflecting weakening demand.
• The average Viscose Staple Fibre price for the quarter was approximately USD 2292.00/MT, largely subdued.
• Spot market reflected a gradual softening, with Viscose Staple Fibre spot prices edging lower amid limited buying interest.
• Input cost conditions remained subdued; the Viscose Staple Fibre production cost trend showed no meaningful cost-push support.
• Weak retail offtake and subdued manufacturing activity weighed on the Viscose Staple Fibre demand outlook, curbing restocking appetite.
• Ample inventories and steady operating rates kept the Viscose Staple Fibre Price Index under pressure, outweighing minor port disruptions.
• Muted export competitiveness and cautious procurement continued to exert downward pressure on the Viscose Staple Fibre Price Index.
• The near-term Viscose Staple Fibre price outlook points to further downside pressure before prices find a floor as demand stabilises.
Why did the price of Viscose Staple Fibre change in December 2025 in Europe?
• Demand pullback from apparel and converters reduced spot buying, weighing on prices despite supply.
• Subdued feedstock costs and energy pricing removed cost push, leaving demand as price determinant.
For the Quarter Ending September 2025
North America
• In USA, the Viscose Staple Fibre Price Index fell by 1.72% quarter-over-quarter, in Q3 2025, reflecting market dynamics.
• The average Viscose Staple Fibre price for the quarter was approximately USD 1847.33/MT CFR Texas.
• Viscose Staple Fibre Production Cost stayed largely stable due to flat feedstock costs and transportation.
• Viscose Staple Fibre Demand Outlook remained tepid domestically, with steady import inflows offsetting limited mill restocking.
• Price Index signals showed modest change Q-O-Q basis, despite tariff headwinds and seasonal inventory adjustments across supply chains.
• VSF Spot Price trends reflected import-driven price pressures from Asia and Europe feeding into US markets.
• Forecast drivers in commentary suggested pre-holiday restocking and cautious sourcing could support mild price upticks.
Why did the price of Viscose Staple Fibre change in September 2025 in North America?
• Supply tightness in domestic VSF chains limited availability, lifting reliance on imports and pressuring prices.
• Rising import costs due to freight and tariff uncertainties contributed to softer domestic price movements.
APAC
• In South Korea, the Viscose Staple Fibre Price Index fell by 1.187% quarter-over-quarter in Q3 2025, due to subdued demand.
• The average Viscose Staple Fibre price for the quarter was approximately USD 1692.67/MT, reflecting mid-range trading.
• Viscose Staple Fibre Spot Price remains subdued, reflecting balanced supply and modest downstream demand dynamics.
• Viscose Staple Fibre Price Forecast signals limited upside, as inventory overhang persists and input costs stabilize.
• Viscose Staple Fibre Production Cost Trend remains flat as dissolving pulp and caustic soda costs ease slightly.
• Viscose Staple Fibre Demand Outlook in APAC shows subdued orders from textiles, despite restocking phases.
• Viscose Staple Fibre Demand Outlook continues to dominate pricing discipline amid persistent macro uncertainty and volatile exchange rates.
Why did the price of Viscose Staple Fibre change in September 2025 in APAC?
• Supply-demand balance in APAC held prices steady as inventories remained ample and downstream demand softened.
• Due to the inventory accumulation across the local market amid US tariff and limited export
Europe
• In Germany, the Viscose Staple Fibre Price Index rose by 2.66% quarter-over-quarter, supported by balanced supply-demand.
• The average Viscose Staple Fibre price for the quarter was approximately USD 2422.33/MT, reflecting overall market balance.
• Viscose Staple Fibre Spot Price remained constrained by balanced European supply and steady downstream demand, limiting volatility.
• Viscose Staple Fibre Price Forecast suggests cautious upside risk due to pre-winter restocking and export activity.
• Viscose Staple Fibre Production Cost Trend eased modestly as wood pulp and chemical costs softened, supporting margins.
• Viscose Staple Fibre Demand Outlook remains mixed with cautious restocking and steady hygiene textile segments sustaining baseline uptake.
• Viscose Staple Fibre Spot Price dynamics reflect logistics constraints and port congestion impacting timely deliveries.
Why did the price of Viscose Staple Fibre change in September 2025 in Europe?
• Logistics bottlenecks and port congestion across Antwerp, Bremerhaven, Hamburg constrained supply in September and elevated inventories amid cautious restocking.
• Due to the steady offtake from apparel and textile market amidst the limited inventory.
For the Quarter Ending June 2025
North America
• Viscose Staple Fiber (VSF) prices in the North American market witnessed a bearish trend during Q2 2025, especially in United States where it declined by 4.7%, settling at USD 1,860/MT CFR Texas in June.
• The quarter began with modest price gains in April, supported by constrained imports due to new U.S. tariff policies and supply-side recalibrations by exporters. Domestic production slowed amid weak order inflows and macroeconomic uncertainty.
• May marked a shift to bearish sentiment, as persistent inventory overhang, weak downstream demand from textiles and nonwovens, and cautious procurement strategies weighed on prices.
• June saw mixed trends. Early stability was maintained by firm feedstock costs and steady operating rates, but rising freight charges and a temporary tariff suspension briefly pushed prices up. This was offset by weak consumer sentiment and limited offtake, causing prices to decline again by month-end.
• Downstream sectors, particularly textiles and apparel, remained subdued across the quarter, despite a YoY rise in U.S. apparel imports through April. Retail conservatism and cautious restocking led to suppressed transactional activity.
Why did the price of VSF change in July 2025 in the North American region?
• In July 2025, the Viscose Staple Fibre (VSF) Price Index in the U.S. market experienced mixed movement, with an initial decline followed by a recovery later in the month.
• The VSF Market Fundamentals shifted mid-month, as domestic inventory tightened and global production output moderated, prompting a rebound in import prices and pushing up landed costs.
• The VSF Price Forecast suggests inflationary undertones may persist, with seasonal procurement activity and a rise in the U.S. Import Price Index continuing to support price recovery despite underlying demand stagnation.
APAC
• Viscose Staple Fiber (VSF) prices in the APAC market witnessed a bearish trend during Q2 2025 especially in South Korea where it fell by 3.4%, settling at USD 1680/MT CFR Busan in June.
• Prices held steady in April amid balanced supply and modest demand, briefly rising due to restocking and higher freight costs.
• A bearish trend emerged in May as downstream demand weakened, inventories built up, and regional competition intensified.
• June saw price stabilization supported by steady imports, stable production, and flat dissolving pulp costs, despite soft end-use consumption.
• Overall, cautious procurement, weak textile demand, and macroeconomic pressures drove the quarterly price decline.
Why did the price of VSF not change in July 2025 in the APAC region?
• In July 2025, the Viscose Staple Fibre (VSF) Price Index in the region remained broadly stable, supported by consistent import prices from key manufacturing hubs and adequate regional product availability.
• The VSF Production Cost Trend was mixed, with stable caustic soda prices and downward pressure from dissolved pulp easing overall input costs, while supply chain logistics faced no major disruptions.
EUROPE
• Viscose Staple Fiber (VSF) prices in the North American market witnessed a bearish trend during Q2 2025, especially in Germany where prices declined by 2.1% and settling at USD 2,368/MT FOB Hamburg in June.
• Price stability in April gave way to bearish sentiment by late month, as elevated inventories, sustained Asian imports, and subdued demand exerted downward pressure.
• May saw a modest recovery driven by tightened import availability and marginal restocking from textile and blended yarn segments.
• June prices stabilized amid consistent production, steady feedstock costs, and normalized freight conditions, with minor gains in the final weeks as converters restocked ahead of summer demand.
• Downstream demand from textiles and technical applications remained soft but improved slightly by late Q2, supported by export momentum toward the U.S. and cautious optimism in the apparel segment.
Why did the price of VSF change in July 2025 in the European region?
• In July 2025, the Viscose Staple Fibre (VSF) Price Index in the European region rose, driven by tight supply conditions and seasonal demand cues.
• The VSF Supply Chain Trend was impacted by cautious production strategies and logistical inefficiencies at key ports, which disrupted material flow and constrained availability.
For the Quarter Ending March 2025
North America
In Q1 2025, the North American Viscose Staple Fiber (VSF) market exhibited an overall bearish price trend, shaped by a progression from January’s bullishness to March’s sustained weakness. In January, VSF prices rose notably, supported by strong demand from downstream sectors like textiles and home furnishings, as well as by higher import costs. Concerns over a potential East Coast port strike prompted exporters to front-load shipments, pushing freight rates higher and increasing landed costs.
In the mid quarter, the market transitioned to a stable phase. Ample inventories and steady imports, even amid the Spring Festival disruptions in Asia, helped maintain supply levels. While domestic production faced cold-weather challenges, feedstock costs remained stable. Demand from the textile and clothing sectors was moderate yet resilient, buffered by a strong labor market. Buyers stockpiled in anticipation of regulatory changes, limiting any significant price swings.
By March, however, prices trended downward, falling to USD 1950/MT, especially in the US market. Despite robust inventories and continued imports, the market faced weak consumer sentiment and subdued textile demand. Easing freight rates, softening import costs, and tariff-related uncertainties further dampened buying interest.
Europe
The European VSF market demonstrated a bullish trajectory during Q1 2025, with prices surging in January and February before witnessing a slight decline in March. In January, prices rose sharply, driven by robust post-holiday demand from the downstream textile sector and aggressive restocking activity by manufacturers in Germany. Limited inventory heightened overseas inquiries and persistent logistical constraints—such as vessel delays due to port congestion and labor shortages—tightened regional supply. In February, the upward trend persisted early in the month, supported by consistent procurement from textile, nonwoven, and automotive sectors. While weather disruptions and container delays slightly pressured supply chains, VSF availability remained sufficient. In the last month of Q1, the bullish trend reversed modestly as oversupply, weak global textile exports, and cautious purchasing behavior pressured prices downward. Despite low freight costs and stable production inputs, subdued downstream demand and labor strikes at major ports intensified logistical challenges, contributing to a cumulative price change. In Germany prices fell to USD 2,420/MT FOB Hamburg by late March, signaling short-term bearish sentiment amid otherwise strong quarterly performance.
APAC
In Q1 2025, the APAC Viscose Staple Fiber (VSF) market exhibited a mixed but overall bearish price trend, marked by an upward trajectory in January and February followed by a notable downturn in March. In the early months of the quarter, prices rose steadily due to strong stocking activity and firm downstream demand, particularly in the textiles sectors. Market witnessed increased buyer activity after the New Year, amid rising feedstock costs. The bullish momentum continued into early February as manufacturers resumed post-holiday production slowly, ensuring consistent VSF supply without oversupply. Meanwhile, downstream marketers also maintained cautious procurement strategies, preventing overstocking. In the last month of Q1, bearish sentiment prevailed across the Asian Pacific market, largely mirroring the South Korean scenario. With ample inventory, subdued downstream demand, cautious cash flow strategies, and reduced logistics costs, prices declined further. Despite stable import costs and rising auxiliary chemical prices, weak procurement and moderate textile activity suppressed recovery, with prices reaching USD 1740/MT by quarter-end.
