VSF prices decrease last week in Chinese market

15 Dec '14

2 min read

In the Chinese domestic market, prices of Cotton Linter were spotted at RMB 2700/ton in the last week ending December 12, 2014, which were steady compared to the previous week ending December 5. 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 witnessed at RMB 5950/ton in the last week, which were down 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 11690/ton in the last week, showing a decline compared to the previous week. During the week, VSF market opened at RMB 11750/ton and closed at RMB 11650/ton level. In the Chinese market, offers for imported VSF were in the range of US$ 1.56/kg to US$ 1.58/kg. Market analysts expect VSF prices to decline in the ongoing week.

In the last week, VFY market surged and prices were quoted at RMB 35100/ton. VFY market sentiment was favourable and there was increased demand from downstream market during that period. VFY producers increased their offers and quoted them in the range of RMB 35050/ton to RMB 35100/ton. In the Chinese market, offers for imported VFY remained stable and were assessed in the range of US$ 5400/ton to US$ 5500/ton.

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Fibre2fashion News Desk - India

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