Chinese VSF prices slightly up last week

15 Jul '13

2 min read

Prices of Cotton Linter were assessed at RMB 2875/ton during the last week ending July 13, which was slightly down from the 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 in the range of RMB 2700/ton to RMB 2900/ton. Average prices for last week were RMB 2760/ton.

Prices of Dissolving Pulp were offered at RMB 6750/ton in the last week, which was up by RMB 20/ton from the previous week. Prices of imported Dissolving Wood Pulp were assessed at US$ 880/ton. Prices of Pulp imported from the U.S. were in the range of US$ 850/ton to US$ 900/ton, while those from Canada were in the range of US$ 860/ton to US$ 875/ton. Prices of Pulp imported from Sweden and Russia were between US$ 850/ton to US$ 880/ton.

VSF prices surged slightly to RMB 13400/ton in the last week, which was up by RMB 80/ton from the previous week. VSF market opened at RMB 13400/ton, remained stable during the week, and prices were assessed in the range of RMB 13300/ton to RMB 13500/ton. In the Chinese market, offers for imported VSF hovered in the range of US$ 1.89/kg to US$ 1.92/kg. Market experts expect VSF prices to remain stable-to-up in the near term.

In the last week, VFY market weakened and prices were at RMB 35850/ton due to sluggish demand from the downstream market. VFY producers kept offers in the range of RMB 35600/ton to RMB 36600/ton. VFY market remained under bearish tone amid weak market fundamentals during the last week. In the Chinese market, offers for imported VFY hovered in the range of US$ 5700/ton to US$ 5830/ton.

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Fibre2fashion News Desk - India

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