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Prices of cotton linter stable, VSF stays unchanged in previous week
04
Oct '11
In the previous week, price of Cotton Linter remained stable. Price opened around RMB 5500/ton. Market fundamentals remained firm, therefore trading offer remained range bound in between RMB 5500/ton to RMB 5520/ton, still buyers were highly cautious prior any buying.

Price of Dissolving pulp remained firm in the last week. Price of Dissolving pulp remained firm at RMB 11900/ton in Chinese domestic market. Pulp Imported from U.S.A, Canada and Sweden were at US$ 1650/ton. Pulp imported from Indonesia was at US$ 1600/ton. Pulp imported from Brazil was at US$ 1700/ton.

Price of VSF remained unchanged, producers firmly held their offers around RMB 19800/ton, but there was almost no inquiry. Earlier price opened at RMB 19700/ton, due to bullish trend price and touched the level of RMB 19800/ton. In Chinese export market, FOB base selling offers for VSF were in the range of US$ 2.55/kg to US$ 2.70/kg during the last week.

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Fibre2fashion News Desk - India

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