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Chinese cotton linter prices rise, VSF dips
05
Mar '12
In the just concluded week, price of Cotton Linter went up slowly to higher level. Price of Cotton linter climbed to RMB 4175/ton. In the last update from market, price was in the range of RMB 4100/ton to RMB 4200/ton, whereas trading offers were in between RMB 4150/ton to RMB 4250/ton.

Price of dissolving pulp declined in the same period and stood between RMB 9450/ton to RMB 9550/ton in Chinese domestic market. Price of imported Dissolving Wood Pulp was in the range of US$ 1200/ton to US$ 1400/ton.

Pulp Imported from U.S.A, Canada and Sweden were in the range of US$ 1300/ton to US$ 1400/ton. Counter offers were around US$ 1275/ton to US$ 1375/ton. Pulp imported from Brazil was heard at US$ 1400/ton and pulp imported from Indonesia was at US$ 1350/ton.

Price of VSF decreased drastically, during the week. Producers firmly held their offers around RMB 16500/ton to RMB 16900/ton. Earlier, price opened at RMB 17350/ton, but without support of demand fundamentals, trading price went down to RMB 16850/ton.

In Chinese market, offers for imported VSF, hovered in the range of US$ 2.30/kg to US$ 2.40/kg. Market experts believed that price should be range bound around US$ 2.35/kg in near future.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India

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