Dissolving Pulp prices drop in Chinese market last week

09 Jun '14

2 min read

In the Chinese domestic market, prices of Cotton Linter were assessed at RMB 2750/ton during the last week ending June 6, 2014, which were almost stable compared to the previous week. In the last updates from market, offer prices were in the range of RMB 2700/ton to RMB 2900/ton, and trading prices were in the range of RMB 2600/ton to RMB 2800/ton.

Prices of Dissolving Pulp were quoted at RMB 6270/ton in the last week, which were relatively 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$ 860/ton to US$ 880/ton, while those from Canada were in the range of US$ 860/ton to US$ 880/ton. Prices of Pulp imported from Sweden were between US$ 840/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 remained stable thereafter and prices were offered in the range of RMB 11550/ton to RMB 11950/ton. In the Chinese market, offers for imported VSF were witnessed in the range of US$ 1.64/kg to US$ 1.69/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 34780/ton as downstream demand remained dull amid upcoming slack season during that period. 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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