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VSF & cotton linter trends stable-to-soft
28
May '12
In the last week, price of Cotton Linter was stable-to-soft at RMB 4000/ton. Earlier price opened at RMB 4170/ton. In the last update from market, price was in the range of RMB 3950/ton to RMB 4150/ton. Trading offers were in between RMB 3900/ton to RMB 4100/ton. Average price for last week was at RMB 3900/ton.

Price of dissolving pulp stayed stable in the previous week. In Chinese domestic market, prices were in the range of RMB 8510/ton to RMB 8610/ton. Price of imported Dissolving Wood Pulp was in the range of US$ 1100/ton to US$ 1150/ton.

Pulp imported from US, Canada and Spain were in the range of US$ 900/ton to US$ 1150/ton, whereas Pulp imported from Brazil was at US$ 1150/ton while from Russia it was at US$ 1050/ton.

During last week, price of VSF were stable-to-soft at RMB 15900/ton. Earlier price opened in the range of RMB 15950/ton to RMB 16050/ton, but the trading price went down to RMB 15800/ton.

In Chinese market, offers for imported VSF hovered in the range of US$ 2.20/kg to US$ 2.30/kg. Some deals were reported at US 2.15/kg during the same period. Market experts believe that price should be range bound around US$ 2.20/kg in near future.

In the reporting week, VFY prices initially declined sharply and then maintained a steady trend at RMB 44600/ton. Earlier the price opened at RMB 44700/ton. In the Chinese market, offers for imported VFY hovered in the range of US$ 6400/ton to US$ 6500/ton, but counter offers touched the level of US$ 6150/ton.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India


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