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Chinese VSF prices remain stable in previous week
17
Jul '12
In the Chinese domestic market, prices of Cotton Linter maintained a stable trend at RMB 3550/ton in the last week. In the last update from market, prices were in the range of RMB 3400/ton to RMB 3650/ton. Trading offers were in between RMB 3350/ton to RMB 3550/ton. Average price for last week was at RMB 3350/ton.
 
In the last week, price of Dissolving Pulp maintained a stable trend at RMB 7650/ton. Prices of imported Dissolving Wood Pulp were assessed at US$ 1000/ton. Prices of Pulp imported from the US were in the range of US$ 1020/ton to US$ 1050/ton, whereas prices of Pulp imported from Canada were in the range of US$ 950/ton to US$ 1050/ton, and those from Sweden were quoted in the range of US$ 950/ton to US$ 1000/ton, and from Russia were at US$ 950/ton.
 
During the last week, VSF prices remained unchanged at RMB 14850/ton. Earlier, price opened with a stable trend in the range of RMB 14800/ton to RMB 14900/ton. In the Chinese market, offers for imported VSF hovered in the range of US$ 1.95/kg to US$ 2.10/kg. Market experts believe that price would remain range bound around US$ 2.10/kg in the near future.
 
VFY market maintained a stable trend in the last week at RMB 44250/ton. In the Chinese market, offers for imported VFY hovered in the range of US$ 6250/ton to US$ 6350/ton. Some producers raised offer price of VFY, however downstream buyers were cautious and adopted wait-and-see stance amid uncertain market fundamentals. Market participants were less confident during that period. It is expected that VFY prices will remain stable in the short run.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - China

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