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VSF & VFY prices remain stable in Chinese market last week
25
Nov '13
In the Chinese market, prices of Cotton Linter were assessed at RMB 3050/ton during the last week ending November 23, which were stable compared to the previous week. In the last updates from market, offer prices were in the range of RMB 2900/ton to RMB 3200/ton, while trading prices were in the range of RMB 2700/ton to RMB 2900/ton. Average trading price for last week was RMB 2835/ton.
 
Prices of Dissolving Pulp were offered at RMB 7000/ton in the last week, which were relatively stable compared to the earlier week. Prices of imported Dissolving Wood Pulp were assessed in the range of US$ 880/ton to US$ 890/ton. Prices of Pulp imported from the US and Europe were in the range of US$ 870/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 were between US$ 870/ton and US$ 880/ton.
 
VSF prices were assessed at RMB 12690/ton in the last week, which were nearly stable compared to the previous week. VSF market opened at RMB 12700/ton, and remained stable during the week, with prices being 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$ 1.78/kg to US$ 1.82/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 quoted 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 34300/ton. VFY market showed soft appearance amid thin trading activities as downstream buyers purchased on need-to basis during the week. 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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