Could China's CNY 14,000 lyocell mark trigger a supply squeeze?

Asia 1.4D lyocell prices remained largely rangebound in the week ended September 4, 2026, with the readings pointing to stabilisation rather than a breakout.
China rose 0.36 per cent to CNY 14,000 per metric tonne, while India held at ₹203 per kg and Pakistan at PKR 721 per kg.
Lenzing's phased exit is tightening specialty supply as Chinese and Indian producers add capacity.