In the just concluded week, price of Cotton Linter went up slowly to higher level. Price of Cotton linter climbed to RMB 4175/ton. In the last update from market, price was in the range of RMB 4100/ton to RMB 4200/ton, whereas trading offers were in between RMB 4150/ton to RMB 4250/ton.
Price of dissolving pulp declined in the same period and stood between RMB 9450/ton to RMB 9550/ton in Chinese domestic market. Price of imported Dissolving Wood Pulp was in the range of US$ 1200/ton to US$ 1400/ton.
Pulp Imported from U.S.A, Canada and Sweden were in the range of US$ 1300/ton to US$ 1400/ton. Counter offers were around US$ 1275/ton to US$ 1375/ton. Pulp imported from Brazil was heard at US$ 1400/ton and pulp imported from Indonesia was at US$ 1350/ton.
Price of VSF decreased drastically, during the week. Producers firmly held their offers around RMB 16500/ton to RMB 16900/ton. Earlier, price opened at RMB 17350/ton, but without support of demand fundamentals, trading price went down to RMB 16850/ton.
In Chinese market, offers for imported VSF, hovered in the range of US$ 2.30/kg to US$ 2.40/kg. Market experts believed that price should be range bound around US$ 2.35/kg in near future.
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Fibre2fashion News Desk - India
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