Pulp market remained very volatile due to tight supply and the prices were unstable during the entire quarter (July – September). The prevailing prices for cotton linter were reported at RMB 4,600 per ton.
Raw materials currently are in tight supply, while new linters will not make it to the markets in bulk volume till early October. Thus, new linters will show firm trend pegged up by higher prices of cotton pulp. Cotton linter pulp prices were also reported stable. Cotton linter pulp plants still offered material at RMB 12,000 per ton.
Filament-grade cotton linter pulp plants have taken a 'wait and watch' stance at present, and there is not clear indication about their prices as it was controlled by pulp plants.
Meanwhile, Brazilian and Indonesian cargoes traded at an average of US $1250-1300 per ton. Spanish cargoes moved up to $1300 per ton. However, buyers seem uninterested with traded prices that hovered around $100 per ton below initial quotes. Russian cargoes were still on offer, though prices remained flat.
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Fibre2fashion, News Desk - China