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VSF trends dip, cotton linter stable in previous week

12 Dec '11
1 min read

In the last week, price of cotton linter price were stable. Price of Cotton linter hovered around RMB 3700/ton to RMB 4000/ton. Market fundamentals remained quite stable; therefore trading offers were in between RMB 3750/ton to RMB 4050/ton. Market maintained firm sentiment and price stayed in the range of RMB 3800/ton to RMB 3900/ton.

Price of dissolving pulp remained firm during the last week. Price of dissolving pulp was firm in the range of RMB 8450/ton to RMB 8600/ton in Chinese domestic market. Price of imported dissolving wood pulp was in the range of US$ 1050/ton to US$ 1150/ton. Pulp imported from U.S.A, Canada and Sweden was in the range of US$ 1100/ton to US$ 1050/ton. Counter offers were around US$ 1050/ton, but very few deals concluded at lower level.

Price of VSF declined during the previous week. Producers firmly held their offers around RMB 15800/ton. Earlier, price opened at RMB 16000/ton. But due to bearish trend, price touched the level of RMB 15800/ton. In Chinese export market, selling offers for VSF, inclined in the range of US$ 2.45/kg to US$ 2.55/kg.

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Fibre2fashion News Desk - India

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