Opening snapshot
Sustainable man-made cellulosic fibre (MMCF) markets across Asia recorded stable trading week. Chinese Modal *.*D remained at CNY **,*** per tonne, while Indian quotations for Modal, Tencel, Ecovero and Liva Eco were unchanged across both the **/* and **/* count ranges. Pakistan was the only exception, where Modal rose modestly before stabilising. Across eleven monitored products spanning four brand families and three markets, prices were effectively unchanged, underscoring a market characterised by supply discipline rather than cost-driven volatility.
Key price movement
TexPro data reinforce this trend. Modal *.*D closed the week at CNY **,*** per tonne in China, ****;*** per kg in India and PKR *** per kg in Pakistan. Pakistan recorded the week**;s only movement, with prices increasing from PKR *** on Monday to PKR *** on Tuesday, a gain of *.** per cent, before remaining unchanged through Friday.
All other monitored products including Ecovero and Tencel at ****;***–*** per kg (~$*.**–*.** per kg), Liva Eco at ****;***–*** per kg, and generic Modal **/* and **/* at ****;*** and ****;*** per kg reported no weekly price change.
Why prices held
Three structural factors continue to support MMCF pricing. First, dissolving-pulp, the sector**;s primary feedstock, has remained broadly range-bound through ****, limiting raw-material cost fluctuations. Second, supply discipline remains evident. Lenzing has committed more than €*** million (~$*** million) to converting its Nanjing and Purwakarta facilities towards higher-value specialty fibres, while Chinese viscose staple fibre operating rates remained above ** per cent throughout the second quarter without widespread price competition.
Third, India**;s decision to withdraw the Quality Control Order (QCO) on viscose staple fibre in November **** has reduced the import premium that previously supported elevated domestic prices. Together, these factors have created a market where prices are being supported by stable costs, measured capacity management and improved supply conditions rather than short-term demand fluctuations.
Industry impact
