Material Insights · Understanding the Material World

Viscose fibre: Trading

No futures, so cotton and polyester act as proxies

What this tab covers How it is bought and sold: buyers and sellers, price benchmarks and who publishes them, exchanges, contract types, traders, how Indian buyers price it, recent price points, and good sources to follow.

Who buys, and where

  • Turkey
  • Bangladesh
  • Pakistan
  • Vietnam
  • India (spinners)
  • Europe (nonwovens)

Who sells, and from where

  • China
  • Indonesia
  • India (Grasim exports)
  • Austria
  • Thailand

Price benchmarks

BenchmarkPublisherBasis
Viscose staple fibre (China) indexCbonds (from Chinese market data)daily, CNY/t
International CSF priceCCF, cited in Grasim resultsquarterly averages, $/kg
CCF and Mysteel VSF East ChinaCCF, Mysteeldomestic spot

Exchanges

VenueContractNotes
noneno viscose futuresCotton futures (ICE, ZCE) and PSF futures (ZCE) are used as proxies.

Contract types

  • Monthly producer prices to spinners
  • Branded supply programmes (Livaeco, Tencel, EcoVero) with traceability
  • Spot sales in bales

Traders and distributors

  • Producer sales offices
  • Yarn and fibre agents
  • Brand-nominated supply chains

How Indian buyers price it

  • Grasim sets domestic VSF prices with reference to Chinese and Indonesian import parity (indicative).
  • The BIS QCO on VSF imports was revoked on 18 November 2025, so imported fibre can again cap domestic prices (News On AIR).

Recent price points

DatePriceBasisSource
Dec 2024$1.64/kginternational CSF (CCF), exit priceGrasim Q3 FY2025
2025$2.27/kgLenzing average fibre price (all grades)Lenzing FY2025 presentation
23 Oct 2026CNY 14,700/t (about $2,000-2,100/t, indicative conversion)China VSFCbonds

Good sources to follow

Hot Button Reportfree research site · Canopy

Ranking of MMCF producers on forest sourcing

Materials Market Reportfree research site · Textile Exchange

Annual MMCF volumes, certification and recycled shares

Just Stylefreemium newsletter · Just Style

Apparel supply chain and fibre sourcing news

Fibre2Fashion textile newsfree research site · Fibre2Fashion

Indian and global fibre markets, including Lenzing and Grasim

Alchempro textile newsfree research site · Alchempro

Indian VSF and QCO developments