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VSF & VFY prices fall in Chinese domestic market last week
06
Jan '14
In the Chinese domestic market, prices of Cotton Linter were assessed at RMB 3080/ton during the last week ending January 4, 2014, which were relatively 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, and trading prices were in the range of RMB 2800/ton to RMB 3000/ton. Average price for last week was RMB 2850/ton.
 
Prices of Dissolving Pulp were offered at RMB 6725/ton in the last week, which were down by RMB 60/ton from the week before. Prices of imported Dissolving Wood Pulp were assessed in the range of US$ 900/ton to US$ 910/ton. Prices of Pulp imported from Europe were in the range of US$ 920/ton to US$ 930/ton, while those from Canada were in the range of US$ 900/ton to US$ 910/ton. Prices of Pulp imported from Sweden were between US$ 910/ton and US$ 930/ton.
 
VSF prices declined to RMB 12250/ton in the last week. VSF market opened at RMB 12250/ton, and prices remained in the range of RMB 12250/ton to RMB 12500/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 fell and prices were assessed at RMB 33810/ton, which were slightly lower from earlier week, due to sluggish market sentiments in the Chinese domestic market. VFY producers kept offers in the range of RMB 33800/ton to RMB 33900/ton. VFY market sentiments remained lackluster as downstream buyers showed no intentions in buying 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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