Chinese VSF & VFY trends dip in previous week

10 Dec '12

2 min read

Prices of Cotton Linter continued to uphold a stable trend at RMB 3150/ton in the previous week. In the last update from market, prices were in the range of RMB 2950/ton to RMB 3150/ton. Trading offers were in between RMB 2800/ton to RMB 3000/ton. Average price for last week was at RMB 2830/ton.

Earlier prices of Dissolving pulp had declined by RMB 100/ton to RMB 6850/ton, but later it sustained a steady trend in the last week. Prices of imported Dissolving Wood Pulp were assessed in the range of US$ 855/ton to US$ 860/ton.

Prices of Pulp imported from the U.S were in the range of US$ 900/ton to US$ 950/ton, while those from Canada were in the range of US$ 850/ton to US$ 950/ton. Prices of Pulp imported from Sweden and Russia were at US$ 810/ton to US$ 880/ton.

Prices of VSF gradually went down to RMB 13800/ton in the previous week and later maintained a stable trend. Earlier market opened in the range of RMB 13800/ton to RMB 14200/ton, but the trading prices declined to RMB 13800/ton.

In the Chinese market, offers for imported VSF hovered in the range of US$ 1.93/kg to US$ 2.03/kg. Market experts believe that VSF market is likely to maintain weak tone in the short run and prices would remain at around US$ 2.00/ Kg.

In the previous week, prices of VFY declined to RMB 41100/ton and later followed a stable trend. Earlier market opened in the range of RMB 41100/ton to RMB 41300/ton, but trading prices inched down to RMB 41100/ton. In the Chinese market, offers for imported VFY hovered in the range of US$ 6060/ton to US$ 6160/ton.

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Fibre2fashion News Desk - India

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