Cotton Linter & VSF prices dip in Chinese market last week

23 Mar '15

2 min read

In the Chinese domestic market, prices of Cotton Linter were assessed at RMB 2530/ton in the last week ending March 20, which were down as compared to the previous week ending March 13, 2015. In the last updates from market, offer prices were in the range of RMB 2630/ton to RMB 2830/ton. Trading prices were around RMB 2415/ton to RMB 2700/ton.

Prices of Dissolving Pulp were witnessed at RMB 6000/ton in the last week, which were stable compared to the previous week. Prices of imported Dissolving Wood Pulp were quoted in the range of US$ 795/ton to US$ 800/ton. Prices of Pulp imported from the US and Europe hovered in the range of US$ 830/ton to US$ 840/ton and US$ 810/ton to US$ 815/ton respectively, while those from Canada were in the range of US$ 750/ton to US$ 780/ton. Prices of Pulp imported from Sweden were between US$ 795/ton and US$ 800/ton.

VSF prices were spotted at RMB 11350/ton in the last week, which were marginally down compared to the previous week. During the week, VSF market opened at RMB 11350/ton and closed at the same level. In the Chinese market, offers for imported VSF hovered in the range of US$ 1.54/kg to US$ 1.56/kg. Market analysts expect VSF prices to remain steady in the ongoing week.

In the last week, VFY prices increased and were offered at RMB 35300/ton. VFY market sentiments were optimistic during that period. Producers’ kept offers in the range of RMB 35250/ton to RMB 35300/ton. In the Chinese market, offers for imported VFY went up and were assessed in the range of US$ 5600/ton to US$ 5650/ton.

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Fibre2fashion News Desk - India

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