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Chinese VFY prices decline in previous week
21
May '12
In the last week, price of Cotton Linter remained stable at RMB 4170/ton. Earlier, price opened at RMB 4200/ton. In the last update from market, price was in the range of RMB 4100/ton to RMB 4200/ton. Trading offers were in between RMB 4000/ton to RMB 4200/ton. Average price for last week was RMB 4100/ton.

Price of Dissolving Pulp remained stable in the just concluded week. In the Chinese domestic market, prices were in the range of RMB 8550/ton to RMB 8650/ton. Price of imported Dissolving Wood Pulp was in the range of US$ 1050/ton to US$ 1150/ton.

Pulp imported from the US, Canada and Spain were in the range of US$ 1050/ton to US$ 1150/ton, whereas, Pulp imported from Brazil was at US$ 1150/ton, and the price of Russian Pulp was at US$ 1050/ton.

During the reporting week, price of VSF was stable-to-soft at RMB 16000/ton. Earlier price opened in the range of RMB 16100/ton to RMB 16200/ton, but the trading price went down to RMB 16000/ton.

In the Chinese market, offers for imported VSF hovered in the range of US$ 2.20/kg to US$ 2.25/kg. Market experts believe that price should be range bound around US$ 2.20/kg in the short term.

VFY market declined during the week and it opened in the range of around RMB 44600/ton to RMB 44900/ton. Earlier, price opened at RMB 44900/ton.

In the Chinese market, offers for imported VFY hovered in the range of US$ 6450/ton to US$ 6500/ton, but counter offers touched the level of US$ 6250/ton.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - China

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