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Chinese VFY market up; VSF down last week
10
Nov '14
In the Chinese domestic market, prices of Cotton Linter were assessed at RMB 2700/ton in the last week ending November 7, 2014, which remained stable compared to the previous week ending October 31. 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 unchanged from the previous week. Prices of imported Dissolving Wood Pulp were offered in the range of US$ 805/ton to US$ 810/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 830/ton, respectively, while those from Canada were in the range of US$ 750/ton to US$ 770/ton. Prices of Pulp imported from Sweden were between US$ 810/ton and US$ 815/ton.
 
VSF prices were assessed at RMB 11900/ton in the last week, which were lower as compared to the previous week. During the week, VSF market opened at RMB 11900/ton and closed at the same level. 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-to-soft in the ongoing week.
 
In the last week, VFY market surged and prices were quoted at RMB 34920/ton. VFY market sentiment was favourable and there was increased demand from downstream market during that period. VFY producers surged offers in the range of RMB 34880/ton to RMB 34920/ton. In the Chinese market, offers for imported VFY kept steady and were assessed in the range of US$ 5400/ton to US$ 5500/ton.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

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