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Viscose value chain prices stay stable in China 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 18, 2014, which were stable compared to the previous week ending July 11. In the last updates from market, offer prices were in the range of RMB 2700/ton to RMB 2900/ton. 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 unchanged from the previous week. Prices of imported Dissolving Wood Pulp were assessed in the range of US$ 830/ton to US$ 840/ton. Prices of Pulp imported from the US and Europe were in the range of US$ 860/ton to US$ 880/ton and US$ 840ton to 860/ton respectively, while those from Canada were in the range of US$ 820/ton to US$ 850/ton. Prices of Pulp imported from Sweden were between US$ 840/ton and US$ 850/ton.
VSF prices were spotted at RMB 11750/ton in the last week, which were almost stable from the previous week. At the beginning of the week, VSF market opened at RMB 11750/ton and prices stayed stable thereafter 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$ 1.62/kg to US$ 1.67/kg. Market analysts expect VSF prices to remain range bound further in the near term.
In the last week, VFY market was relatively stable and prices were assessed at RMB 34700/ton. VFY market remained lacklustre as downstream buyers were less optimistic about market outlook during the week. 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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