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VSF trends dip, cotton linter stable in previous week
12
Dec '11
In the last week, price of cotton linter price were stable. Price of Cotton linter hovered around RMB 3700/ton to RMB 4000/ton. Market fundamentals remained quite stable; therefore trading offers were in between RMB 3750/ton to RMB 4050/ton. Market maintained firm sentiment and price stayed in the range of RMB 3800/ton to RMB 3900/ton.

Price of dissolving pulp remained firm during the last week. Price of dissolving pulp was firm in the range of RMB 8450/ton to RMB 8600/ton in Chinese domestic market. Price of imported dissolving wood pulp was in the range of US$ 1050/ton to US$ 1150/ton. Pulp imported from U.S.A, Canada and Sweden was in the range of US$ 1100/ton to US$ 1050/ton. Counter offers were around US$ 1050/ton, but very few deals concluded at lower level.

Price of VSF declined during the previous week. Producers firmly held their offers around RMB 15800/ton. Earlier, price opened at RMB 16000/ton. But due to bearish trend, price touched the level of RMB 15800/ton. In Chinese export market, selling offers for VSF, inclined in the range of US$ 2.45/kg to US$ 2.55/kg.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India

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