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VSF prices decline in Chinese markets last week
05
Nov '13
In Chinese markets, prices of Cotton Linter were assessed at RMB 3070/ton during the last week ending November 2, 2013, which was up by RMB 60/ton from the previous week. In the last updates from market, offer prices were in the range of RMB 3000/ton to RMB 3300/ton, and 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 6590/ton in the last week, which was relatively down from the week before. Prices of imported Dissolving Wood Pulp were assessed in the range of US$ 880/ton to US$ 890/ton. Prices of Pulp imported from Europe were in the range of US$ 880/ton to US$ 900/ton, while those from Canada were in the range of US$ 870/ton to US$ 880/ton. Prices of Pulp imported from Sweden were between US$ 870/ton and US$ 880/ton.
 
VSF prices decreased to RMB 12710/ton in the last week, which was relatively down from the week before. VSF market opened at RMB 12700/ton, remained stable during the week, and prices were assessed in the range of RMB 12700/ton to RMB 12900/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.
 
In the last week, VFY market remained stable and prices were at RMB 33900/ton due to subdued 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 optimistic about market outlook during the 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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