Geoff Collins, Head of Sales, Lenzing Asia (Hong Kong) described how Textiles, Cotton and China were the main factors responsible for the “crisis” affecting the price and availability of man-made cellulosic fibres for nonwovens. Until the end of 2010 the Cotton A index and Chinese viscose price varied between $1.2 and $2.6/kg with viscose moving in unison with cotton and being roughly 25-50% more expensive. In early 2011, Cotton A spiked to $5.3/kg due to poor Chinese and Pakistani cotton crops and the resulting increased demand for viscose pushed the viscose price to $4/kg. Normality returned by August 2011 with both prices fluctuating around gently upward but converging trends line if the spikes were ignored. By the end of 2011 cotton A and Chinese viscose were both around $2.2/kg.
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