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Chinese VFY market shows upward trend last week
01
Sep '14
In the Chinese domestic market, prices of Cotton Linter were spotted at RMB 2700/ton during the last week that ended on August 29, 2014, which were slightly down from the previous week. In the last updates from market, offer prices were in the range of RMB 2800/ton to RMB 3000/ton. Trading prices were between RMB 2700/ton and RMB 2800/ton.
 
Prices of Dissolving Pulp were assessed at RMB 6060/ton in the last week, which were marginally down from the previous week. Prices of imported Dissolving Wood Pulp were offered in the range of US$ 825/ton to US$ 830/ton. Prices of Pulp imported from the US and Europe were in the range of US$ 850/ton to US$ 860/ton and US$ 840ton to 850/ton, respectively, while those from Canada were in the range of US$ 770/ton to US$ 820/ton. Prices of Pulp imported from Sweden were between US$ 830/ton and US$ 850/ton.
 
VSF prices were spotted at RMB 11950/ton in the last week, which were almost stable from the previous week. VSF market opened with RMB 11950/ton and closed at the same level. In the Chinese market, offers for imported VSF were witnessed in the range of US$ 1.59/kg to US$ 1.63/kg. Market analysts expect VSF prices to remain steady in the current week.
 
In the last week, VFY market showed upward trend and prices were quoted at RMB 34670/ton. During the week, VFY market sentiments remained optimistic and there was firm demand from the downstream market. VFY producers kept offers in the range of RMB 34650/ton to RMB 34670/ton. In the Chinese market, offers for imported VFY remained steady in the range of US$ 5500/ton to US$ 5600/ton.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

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