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Dissolving Pulp, VSF prices up in Chinese market last week
Jul '14
In the Chinese domestic market, prices of Cotton Linter were spotted at RMB 2750/ton during the last week ending July 11, 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 2900/ton, and trading prices were between RMB 2600/ton and RMB 2800/ton.
Prices of Dissolving Pulp were assessed at RMB 6400/ton in the last week, which were slightly up from the previous week. Prices of imported Dissolving Wood Pulp were assessed in the range of US$ 835/ton to US$ 845/ton. Prices of Pulp imported from the US and Europe were in the range of US$ 860/ton to US$ 880/ton and US$ 820ton to 840/ton, respectively, while those from Canada were in the range of US$ 840/ton to US$ 860/ton. Prices of Pulp imported from Sweden were between US$ 840/ton and US$ 850/ton.
VSF prices were quoted at RMB 11770/ton in the last week, which were higher by RMB 220/ton over the previous week. At the beginning of the week, VSF market opened with RMB 11800/ton and prices went down thereafter and were offered in the range of RMB 11750/ton to RMB 11800/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 was relatively stable and prices were assessed at RMB 34700/ton. VFY market witnessed dull demand from the downstream market during that period. VFY producers kept offers in the range of RMB 34700/ton to RMB 34750/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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