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Prices of cotton linter rise sharply
27
Oct '10
Prices of cotton linter rose sharply in the past week, of which cotton linter for general viscose rose rapidly from 10,000 Yuan / ton to 11000-12000 Yuan / ton, cotton linter for refined cotton rose from 11,000 Yuan to 12000-12500 Yuan / ton, higher offers in the market even went up to 13,000 Yuan / ton.

Current operation rate has increased, market stock is not large, and therefore, cotton linter price will continue to rise as being driven by supply and demand.

Mainstream market quotation of cotton pulp was around 17,000 Yuan / ton in the previous week, deals were mostly reached at 16,800 Yuan / ton. Currently price of cotton linter continues to rise, as many manufacturers have been suspended operations, due to supply shortage and high cost of production.

Overseas dissolving pulp market is relatively tight in supply; offers were assessed around US $1850-1900 / ton last week, while in China, mainstream offers rose to 15500-16000 Yuan / ton, trade volume was small.

Fibre2fashion News Desk - China


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