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VFY prices show uptrend; VSF stable in Chinese market
13
Oct '14
In the Chinese domestic market, prices of Cotton Linter were spotted at RMB 2700/ton in the last week ending October 10, 2014, which were stable compared to the previous week ending October 3, 2014. 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 unchanged 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$ 825/ton.
 
VSF prices were assessed at RMB 12030/ton in the last week, which were slightly down from the previous week. During the week, VSF market opened at RMB 12050/ton and closed at RMB 12000/ton. In the Chinese market, offers for imported VSF hovered 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 and prices were assessed at RMB 34800/ton. VFY market sentiment was favourable and there was good demand from downstream market during the week. VFY producers kept offers in the range of RMB 34790/ton to RMB 34810/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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