VFY prices fell in Chinese market last week

13 Jan '14

2 min read

In the Chinese domestic market, prices of Cotton Linter were assessed at RMB 3075/ton during the last week ending January 11, 2014, which was relatively stable from the week before. 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 relatively stable compared to the previous week ending January 4, 2014. 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 to US$ 930/ton.

VSF prices decreased to RMB 12250/ton in the last week, which was relatively stable from the week before. VSF market opened at RMB 12250/ton, and prices remained in the range of RMB 12200/ton to RMB 12500/ton during the week. 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 fell and average price was assessed at RMB 33740/ton, which was down by RMB 70/ton from week before due to subdued market sentiments in the Chinese domestic market. VFY producers kept offers in the range of RMB 33700/ton to RMB 33900/ton. VFY market remained weak as downstream buyers showed no enthusiasm in buying during that period. In the Chinese market, offers for imported VFY hovered in the range of US$ 5640/ton to US$ 5750/ton.

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Fibre2fashion News Desk - India

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