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VSF, Cotton Linter prices rise in Chinese market last week
28
Oct '13
In the Chinese domestic market, prices of Cotton Linter were assessed at RMB 2330/ton during the last week ending October 26, 2013, which were up by RMB 170/ton from the earlier week. In the last updates from market, offer prices were in the range of RMB 2950/ton to RMB 3250/ton, while trading prices were in the range of RMB 2700/ton to RMB 2900/ton. Average prices for last week were RMB 2770/ton.
 
Prices of Dissolving Pulp were offered at RMB 6605/ton in the last week, which were relatively up from the week before. Prices of imported Dissolving Wood Pulp were assessed at US$ 880/ton to US$ 890/ton. Prices of Pulp imported from the U.S. were in the range of US$ 880/ton to US$ 900/ton, while those from Canada were in the range of US$ 860/ton to US$ 880/ton. Prices of Pulp imported from Sweden and Russia were between US$ 870/ton and US$ 880/ton.
 
VSF prices increased to RMB 12950/ton in the last week, which were up by RMB 50/ton from the previous week. VSF market opened at RMB 12900/ton, remained stable during the week, and prices were assessed in the range of RMB 12800/ton to RMB 13000/ton. In the Chinese market, offers for imported VSF hovered in the range of US$ 1.86/kg to US$ 1.91/kg. Market experts expect VSF prices to remain stable-to-soft in the near term.
 
During the last week, VFY market remained stable and prices were hovering at RMB 33900/ton due to weak demand from the downstream market in the Chinese domestic market. VFY producers kept offers in the range of RMB 33900/ton to RMB 34100/ton. VFY market participants were less confident during that period. In the Chinese market, offers for imported VFY hovered in the range of US$ 5640/ton to US$ 5750/ton.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

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