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Chinese VSF prices gradually increase last week
15
Jan '13
Cotton Linter prices gradually increased to RMB 3300/ton in the previous week. In the last update from market, prices were in the range of RMB 2800/ton to RMB 3000/ton. Trading offers were in between RMB 2750/ton to RMB 2950/ton. Average price for last week was at RMB 2920/ton.
 
In the previous week, prices of Dissolving Pulp maintained a steady trend at RMB 6750/ton, but this week the market opened with an increase of RMB 6850/ton. Prices of imported Dissolving Wood Pulp were assessed at US$ 860/ton to US$ 870/ton. Prices of Pulp imported from the US were in the range of US$ 880/ton to US$ 900/ton, while those from Canada were in the range of US$ 850/ton to US$ 900/ton. Prices of Pulp imported from Sweden and Russia were at US$ 850/ton to US$ 880/ton.
 
Prices of VSF gradually increased in the previous week. Earlier market opened in the range of RMB 13700/ton to RMB 14100/ton, but the trading prices inched up to RMB 14300/ton. In the Chinese market, offers for imported VSF hovered in the range of US$ 1.91/kg to US$ 1.97/kg. Market analysts expect VSF prices to remain at around US$ 1.99/kg in the short-term.
 
VFY prices sustained with a decline in the previous week, and continued with a fall to RMB 39100/ton. Earlier, market opened in the range of RMB 39300/ton to RMB 39700/ton, but the trading prices went down to RMB 39100/ton. In the Chinese market, offers for imported VFY hovered in the range of US$ 6030/ton to US$ 6140/ton.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India


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