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VFY prices fall in Chinese market last week
28
Jul '14
In the Chinese domestic market, prices of Cotton Linter were spotted at RMB 2750/ton during the last week ending July 25, which were unchanged from the previous week. In the last updates from the market, offer prices were in the range of RMB 2700/ton to RMB 2900/ton. Trading prices were range bound between RMB 2600/ton and RMB 2800/ton.
 
Prices of Dissolving Pulp were assessed at RMB 6275/ton in the last week, showing a decline compared to the previous week. Prices of imported Dissolving Wood Pulp were quoted 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$ 780/ton to US$ 820/ton. Prices of Pulp imported from Sweden were between US$ 840/ton and US$ 850/ton.
 
VSF prices were spotted at RMB 11810/ton in the last week, slightly up from the previous week. At the beginning of the week, VSF market opened at RMB 11750/ton. However, prices went up during the week and were offered in the range of RMB 11750/ton to RMB 11850/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 in the near term.
 
In the last week, VFY market went down and prices were assessed at RMB 34600/ton. VFY market prices declined as downstream buyers showed dull buying sentiments during that period. VFY producers kept offers in the range of RMB 34600/ton to RMB 34650/ton. In the Chinese market, offers for imported VFY hovered in the range of US$ 5700/ton to US$ 5810/ton.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

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