Excellent choice — #3 of 31 Lyocell ranks #3 of 31 fabrics for chafe resistance. It is one of the best fabrics for this. Ranked with a smooth-fibre bonus plus low weight and breathability. The top pick is Silk.
Lyocell measures 75/100 for breathability, 13% moisture regain, 25/100 warmth, at 155 gsm. Chafe resistance rewards a smooth, light surface: Lyocell has a smooth hand at 155 gsm.