Chinese VFY market increases marginally last week

29 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 26, 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. Trading prices were between RMB 2700/ton and RMB 2800/ton.

Prices of Dissolving Pulp were assessed at RMB 6025/ton in the last week, which were steady from the previous week. Prices of imported Dissolving Wood Pulp were assessed 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$ 825/ton.

VSF prices were assessed at RMB 12050/ton in the last week, which were unchanged from the previous week. During the week, VSF market opened with RMB 12050/ton and closed at the same level. In the Chinese market, offers for imported VSF were 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 increased marginally and prices were assessed at RMB 34740/ton. VFY market sentiments remained positive and there was good demand form downstream market during the week. VFY producers kept offers in the range of RMB 34730/ton to RMB 34750/ton. In the Chinese market, offers for imported VFY remained steady in the range of US$ 5500/ton to US$ 5600/ton.

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Fibre2fashion News Desk - India

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