Chinese VFY market sentiment turns favourable as demand up

27 Oct '14

2 min read

In the Chinese domestic market, prices of Cotton Linter were assessed at RMB 2700/ton in the last week ending October 24, 2014, which were stable compared to the previous week ending October 17. 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 stable compared to the previous week. Prices of imported Dissolving Wood Pulp were offered in the range of US$ 810/ton to US$ 815/ton. Prices of Pulp imported from the US and Europe were in the range of US$ 830/ton to US$ 840/ton and US$ 820ton to 840/ton, respectively, while those from Canada were in the range of US$ 750/ton to US$ 800/ton. Prices of Pulp imported from Sweden were between US$ 815/ton and US$ 820/ton.

VSF prices were assessed at RMB 12000/ton in the last week, which were steady from the previous week. During the week, VSF market opened at RMB 12000/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 and prices were assessed at RMB 34880/ton. VFY market sentiment was favourable and there was increased demand from downstream market during the week. VFY producers kept offers in the range of RMB 34850/ton to RMB 34880/ton. In the Chinese market, offers for imported VFY kept 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

More Textiles News - China...