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Dissolving pulp prices decline in Chinese domestic market
09
Dec '13
In the Chinese domestic market, the prices of Cotton Linter were assessed at around RMB 3100/ton during the last week ending December 7, 2013, which were comparatively greater than the prices of 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 2750/ton to RMB 2950/ton. The average price for last week was RMB 2880/ton.
 
The price of Dissolving Pulp was at RMB 6900/ton in the last week, which was down by RMB 60/ton from the earlier week. Meanwhile, prices of imported Dissolving Wood Pulp were assessed in the range of US$ 890/ton to US$ 900/ton. Prices of Pulp imported from the US were in the range of US$ 870/ton to US$ 890/ton, while those from Canada were in the range of US$ 860/ton to US$ 880/ton. Prices of Pulp imported from Sweden were in the range of US$ 920/ton to US$ 950/ton.
 
The prices of VSF were around RMB 12700/ton in the last week, which were up by RMB 50/ton from the week before. VSF market opened at RMB 12650/ton, remained stable during the week, and prices were assessed in the range of RMB 12650/ton to RMB 12750/ton. In the Chinese market, offers for imported VSF hovered in the range of US$ 1.78/kg to US$ 1.82/kg. Market analysts 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 moderate demand from the downstream market in the Chinese domestic market. VFY producers kept offers in the range of RMB 33900/ton to RMB 34200/ton. VFY market sentiments remained dull and lackluster amid weak market fundamentals 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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