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Chinese VSF and VFY prices inch down last week
Apr '13
Prices of Cotton Linter were assessed at RMB 3350/ton during the last week, which was up by RMB 10/ton from the previous week. In the last updates from market, prices were in the range of RMB 3000/ton to RMB 3400/ton. Trading prices were in the range of RMB 2900/ton to RMB 3300/ton. Average price for last week was RMB 2920/ton.
Prices of Dissolving Pulp decreased and were assessed at RMB 6810/ton in the last week, down by RMB 200/ton from the previous week. Prices of imported Dissolving Wood Pulp were assessed in the range of US$ 920/ton to US$ 925/ton. Prices of Pulp imported from the US were in the range of US$ 820/ton to US$ 980/ton, while those from Canada were in the range of US$ 900/ton to US$ 950/ton. Prices of Pulp imported from Sweden and Russia were between US$ 910/ton to US$ 950/ton.
VSF prices showed a downward trend at RMB 13720/ton in the last week, which was down by RMB 170/ton from the previous week. VSF market opened at RMB 13900/ton, but prices declined later on and were assessed in the range of RMB 13600/ton to RMB 13900/ton. In the Chinese market, offers for imported VSF hovered in the range of US$ 1.93/kg to US$ 1.95/kg. Market experts believe that VSF prices would remain stable-to-soft at around US$ 1.96/kg, in the short-term.
In the last week, VFY market followed a downward trend at RMB 38950/ton due to subdued demand from the downstream market. VFY market prices were in the range of RMB 38900/ton to RMB 39000/ton. Overall market presented a soft outlook due to May Day holidays toward the end of the last week. In the Chinese market, offers for imported VFY hovered in the range of US$ 5950/ton to US$ 6050/ton.
Click here to view and compare daily price trends.

Fibre2fashion News Desk - India

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