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Chinese VSF prices hike in previous week

24
Jan '12
In the last week, price of Cotton Linter did not change from its high level. Price of Cotton linter hovered around RMB 4325/ton to RMB 4450/ton. Market fundamentals remained quite firm; therefore trading offers were in between RMB 4250/ton to RMB 4450/ton.

Price of dissolving pulp was stable to firm in the previous week. Price of dissolving pulp 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 was in the range of US$ 1100/ton to US$ 1135/ton. Counter offers were around US$ 1090/ton to US$ 1110/ton.

Price of VSF increased during last week. Producers firmly held their offers around RMB 16600/ton to RMB 17000/ton. Earlier price opened at RMB 16700/ton, but with support of demand fundamentals, trading price hovered around RMB 16800/ton.

In Chinese market, offers for imported VSF, hovered in the range of US$ 2.15/kg to US$ 2.25/kg.

Click here to view and compare previous week daily price trends.

Fibre2fashion News Desk - India


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