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Chinese VSF prices remain stable in previous week
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.
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Fibre2fashion News Desk - China

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