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VSF prices decrease in Chinese domestic market last week
10
Mar '14
In the Chinese domestic market, prices of Cotton Linter were quoted at RMB 3025/ton during the last week ending March 8, 2014, which were relatively stable compared to the previous week. In the last updates from market, offer prices were in the range of RMB 2800/ton to RMB 3200/ton. Trading prices were in the range of RMB 2750/ton to RMB 2850/ton. Average price for last week was RMB 2810/ton.
 
Prices of Dissolving Pulp were quoted at RMB 6735/ton in the last week, which remained stable from the previous 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 Europe were in the range of US$ 900/ton to US$ 920/ton, while those from Canada were in the range of US$ 890/ton to US$ 900/ton. Prices of Pulp imported from Sweden were between US$ 890/ton and US$ 910/ton.
 
VSF prices decreased to RMB 12240/ton in the last week, down RMB 160/ton from the previous week. VSF market opened at RMB 12400/ton during the beginning of the week, but prices decreased thereafter and were offered in the range of RMB 12200/ton to RMB 12400/ton. In the Chinese market, offers for imported VSF were witnessed in the range of US$ 1.73/kg to US$ 1.78/kg. Market experts expect VSF prices to remain stable-to-soft in the near term.
 
In the last week, VFY market showed fluctuation and average price was assessed at RMB 33900/ton, which was slightly up compared to the previous week during that period. VFY market suppliers raised offer prices after a meeting in Shanghai, but downstream buyers showed no intentions in buying during that period. VFY producers kept offers in the range of RMB 33800/ton to RMB 34000/ton. In the Chinese market, offers for imported VFY hovered in the range of US$ 5640/ton to US$ 5730/ton.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India


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