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Chinese cotton linter & VSF trends move up

16
Jan '12
In the previous week, price of cotton linter went up gradually to higher level and hovered around RMB 4300/ton to RMB 4500/ton. Market fundamentals remained quite firm; therefore trading offers were in between RMB 4250/ton to RMB 4450/ton.

Market maintained firm sentiment. According to market experts, price may achieve the range of to RMB 4700/ton to RMB 4800/ton in near future.

Price of dissolving pulp was stable to firm in the week under consideration and shot up sharply in the range of RMB 8900/ton to RMB 9050/ton in Chinese domestic market. Price of imported dissolving pulp was in the range of US$ 1085/ton to US$ 1125/ton. Pulp Imported from U.S.A, Canada and Sweden were in the range of US$ 1100/ton to US$ 1135/ton. Counter offers were around US$ 1090/ton to US$ 1110/ton.

Price of Chinese VSF price increased during the last week; producers firmly hold their offers around RMB 16500/ton to RMB 16600/ton. Earlier price opened at RMB 16450/ton, but with support of demand fundamentals, trading price hovered around RMB 16600/ton. In near future VSF price may touch level of RMB 16800/ton, predict market experts.

In Chinese market, offers for imported VSF, hovered in the range of US$ 2.15/kg to US$ 2.20/kg.

Click here to view and compare daily price trends.

Fibre2fashion News Desk


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