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Dissolving Pulp prices dip in Chinese market last week
May '14
In the Chinese domestic market, prices of Cotton Linter were quoted at RMB 2750/ton during the last week ending May 16, 2014, which were stable compared to the previous week. In the last updates from market, offer prices were in the range of RMB 2700/ton to RMB 3000/ton, and trading prices were between RMB 2600/ton and RMB 2800/ton.
Prices of Dissolving Pulp were quoted at RMB 6300/ton in the last week, which were marginally down from the previous week. Prices of imported Dissolving Wood Pulp were assessed in the range of US$ 840/ton to US$ 850/ton. Prices of Pulp imported from the US and Europe were in the range of US$ 865/ton to US$ 890/ton, while those from Canada were in the range of US$ 880/ton to US$ 890/ton. Prices of Pulp imported from Sweden were between US$ 850/ton and US$ 870/ton.
VSF prices remained stable at RMB 11550/ton in the last week. At the beginning of the week, VSF market opened at RMB 11550/ton, and prices remained stable thereafter in the range of RMB 11550/ton to RMB 11800/ton. In the Chinese market, offers for imported VSF were witnessed in the range of US$ 1.63/kg to US$ 1.68/kg. Market analysts expect VSF prices to remain range bound in the near term.
In the last week, VFY market remained stable and prices were assessed at RMB 34765/ton, due to subdued demand from the downstream market. VFY trading sentiments remained lackluster and trading activities were thin amid weak market outlook. VFY producers kept offers in the range of RMB 34750/ton to RMB 34800/ton. In the Chinese market, offers for imported VFY hovered in the range of US$ 5700/ton to US$ 5810/ton.
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Fibre2fashion News Desk - India

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Courtesy: Commonwealth Bank of Australia

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