Chinese VFY prices show stable-to-soft trend

05 Nov '12

2 min read

Prices of Cotton Linter upheld a steady trend at RMB 3050/ton in the previous week. In the last update from market, prices were in the range of RMB 3000/ton to RMB 3300/ton. Trading offers were in between RMB 2950/ton to RMB 3100/ton. Average price for last week was at RMB 2900/ton.

In the last week, prices of Dissolving Pulp were unchanged at RMB 7375/ton, but this week market opened with a decrease of RMB 25/ton at RMB 7350/ton. Prices of imported Dissolving Wood Pulp were assessed in the range of US$ 935/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 in the range of US$ 960/ton to US$ 980/ton.

Prices of VSF maintained a stable trend at RMB 14250/ton in the previous week. Earlier, market opened in the range of RMB 14200/ton to RMB 14300/ton, with a support from demand fundamentals. In the Chinese market, offers for imported VSF hovered in the range of US$ 2.00/kg to US$ 2.07/kg. Market experts believe that price would remain range bound around US$ 2.10/kg in the near future.

Prices of VFY were stable-to-soft at RMB 41900/ton in the previous week. Earlier, market opened in the range of RMB 41950/ton to RMB 42250/ton, but the trading prices went down to RMB 41850/ton. In the Chinese market, offers for imported VFY hovered in the range of US$ 6190/ton to US$ 6280/ton.

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Fibre2fashion News Desk - India

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