Chinese VFY prices decline significantly

29 Oct '12

2 min read

In the previous week, Cotton Linter market opened with prices around RMB 3050/ton and later maintained a steady trend. In the last update from market, prices were in the range of RMB 3100/ton to RMB 3400/ton. Trading offers were in between RMB 2900/ton to RMB 3100/ton. Average price for last week was at RMB 2900/ton.

Prices of Dissolving Pulp remained unchanged at RMB 7375/ton in the last week. Prices of imported Dissolving Wood Pulp were assessed in the range of US$ 945/ton to US$ 950/ton. Prices of Pulp imported from the US were at US$ 1000/ton, while those from Canada were in the range of US$ 950/ton to US$ 1000/ton. Prices of Pulp imported from Sweden and Russia were at US$ 960/ton to US$ 980/ton.

Prices of VSF slightly went down by RMB 50/ton to RMB 14250/ton in the previous week and later maintained a stable trend. Earlier, market opened in the range of RMB 14250/ton to RMB 14350/ton, but the trading prices went down to RMB 14250/ton. In the Chinese market, offers for imported VSF hovered in the range of US$ 2.07/kg to US$ 2.13/kg. Market experts expect the prices to remain range bound around US$ 2.10/kg in the near future.

Prices of VFY declined significantly to RMB 42100/ton in the previous week. Earlier, market opened in the range of RMB 42300/ton to RMB 43300/ton, but the trading prices considerably declined to RMB 42000/ton. In the Chinese market, offers for imported VFY hovered in the range of US$ 6180/ton to US$ 6280/ton.

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Fibre2fashion News Desk - India

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