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Chinese cotton linter, VSF & VFY prices stable last week
18
Jun '13
During the last week, Chinese prices of Cotton Linter were assessed at RMB 3000/ton, which were relatively stable from its previous week. In the last updates from market, offer prices were in the range of RMB 3000/ton to RMB 3100/ton. Trading prices were at around RMB 2700/ton to RMB 3000/ton. Average prices for last week were RMB 2790/ton.
 
Prices of Dissolving Pulp were offered at RMB 6600/ton in the last week, which were stable from its previous week. Prices of imported Dissolving Wood Pulp were assessed at US$ 860/ton to US$ 870/ton. Prices of Pulp imported from the U.S were in the range of US$ 820/ton to US$ 900/ton, while those from Canada were in the range of US$ 840/ton to US$ 880/ton. Prices of Pulp imported from Sweden and Russia were between US$ 850/ton to US$ 880/ton.
 
VSF prices maintained a stable stance at RMB 13200/ton in the last week. VSF market opened at RMB 13200/ton, remained stable during that period, and prices were assessed in the range of RMB 13000/ton to RMB 13300/ton. In the Chinese market, offers for imported VSF hovered in the range of US$ 1.88/kg to US$ 1.91/kg. Market experts believed that VSF prices would remain stable-to-soft in the near term.
 
In the last week, VFY market followed a downward trend at RMB 37180/ton due to subdued demand from the downstream market. VFY producers kept offers in the range of RMB 37000/ton to RMB 37500/ton. VFY prices declined after Dragon Boat festival due to weak support from downstream buyers and unfavourable market fundamentals. In the Chinese market, offers for imported VFY hovered in the range of US$ 5860/ton to US$ 5960/ton.
 
Click here to read daily price trends. 
 

Fibre2fashion News Desk - India

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