VSF prices increase slightly in Chinese market last week

08 Sep '14

2 min read

In the Chinese domestic market, prices of Cotton Linter were spotted at RMB 2700/ton in the last week ending September 5, 2014, which were stable compared to a week earlier. In the last updates from market, offer prices were in the range of RMB 2800/ton to RMB 3000/ton, and trading prices were between RMB 2700/ton and RMB 2800/ton.

Prices of Dissolving Pulp remained steady at RMB 6050/ton in the last 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$ 840/ton and US$ 850/ton.

VSF prices were spotted at RMB 11980/ton in the last week, which were slightly up from the previous week. At the beginning of the week, VSF market opened at RMB 11950/ton and closed at the end of the week at RMB 12000/ton 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 stable in the ongoing week.

In the last week, VFY market was stable and prices were quoted at RMB 34680/ton. VFY market sentiments remained optimistic and there was good demand from the market during the week. VFY producers kept offers in the range of RMB 34650/ton to RMB 34680/ton. In the Chinese market, offers for imported VFY kept inert in the range of US$ 5500/ton to US$ 5600/ton.

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Fibre2fashion News Desk - India

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