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Chinese VSF & VFY markets rise marginally last week
22
Sep '14
In the Chinese domestic market, prices of Cotton Linter were spotted at RMB 2700/ton in the last week ending September 19, 2014, which were steady 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. Trading prices were between RMB 2700/ton and RMB 2800/ton.
 
Prices of Dissolving Pulp were spotted at RMB 6025/ton in the last week, which were slightly lower from the previous week. Prices of imported Dissolving Wood Pulp were offered in the range of US$ 815/ton to US$ 820/ton. Prices of Pulp imported from the US and Europe were in the range of US$ 840/ton to US$ 850/ton and US$ 820ton to 840/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$ 820/ton and US$ 830/ton.
 
VSF prices were assessed at RMB 12050/ton in the last week, which were marginally up from the previous week. During the week, VSF market opened at RMB 12050/ton and closed at the same level. In the Chinese market, offers for imported VSF were quoted in the range of US$ 1.59/kg to US$ 1.63/kg. Market analysts expect VSF prices to remain steady in the ongoing week.
 
In the last week, VFY market surged marginally and prices were offered at RMB 34700/ton. VFY market sentiments remained favourable and there was good downstream demand during the week. VFY producers kept offers in the range of RMB 34690/ton to RMB 34710/ton. In the Chinese market, offers for imported VFY kept inert 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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