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VFY prices up in Chinese domestic market last week
01
Dec '14
In the Chinese domestic market, prices of Cotton Linter were spotted at RMB 2700/ton in the last week ending November 28, 2014, which were steady compared to the previous week ending November 21. 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.
 
In the last week, prices of Dissolving Pulp were assessed at RMB 6030/ton, which were marginally up 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 assessed in the range of US$ 830/ton to US$ 840/ton and US$ 820ton to 830/ton, respectively, while those from Canada hovered in the range of US$ 750/ton to US$ 770/ton. Prices of Pulp imported from Sweden were quoted between US$ 810/ton and US$ 815/ton.
 
VSF prices were witnessed at RMB 11840/ton in the last week, slightly down from the previous week. At the beginning of the week, VSF market opened at RMB 11850/ton and closed at the end of the week at RMB 11800/ton level. In the Chinese market, offers for imported VSF were assessed in the range of US$ 1.57/kg to US$ 1.61/kg. Market analysts expect VSF prices to remain steady in the ongoing week.
 
In the last week, VFY market surged and prices were quoted at RMB 35050/ton. VFY market sentiment was favourable and there was increased demand from downstream market during the period. VFY producers escalated their offer prices to the range of RMB 35030/ton to RMB 35070/ton. In the Chinese market, offers for imported VFY remained steady and were quoted 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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