Interviews
VSF prices rise & VFY turns soft in previous week
25 Apr '12
2 min read
In the last week, price of Cotton Linter remained stable at RMB 4200/ton. In the last update from market, price was in the range of RMB 3770/ton to RMB 3870/ton. Buying sentiment remained moderate, whereas trading offers were in between RMB 3760/ton to RMB 3860/ton.
Price of dissolving pulp increased in the week. In Chinese domestic market, price rose in the range of RMB 8500/ton to RMB 8600/ton.
In imported Dissolving Wood Pulp market, recent activity was thin. Offers from suppliers were at US$ 1050/ton to US$ 1100/ton. Buyers did try to pull down price towards US$ 1000/ton. Pulp Imported from Canada was at US$ 1100/ton, while from Indonesia it was at US$ 1400/ton. Pulp imported from Brazil was at US$ 1500/ton while from Russia, it was at US$ 1050/ton.
During the previous week, price of VSF had increased to RMB 16200/ton. Earlier price opened at RMB 15900/ton, but with support of demand fundamentals, trading price went up to RMB 16200/ton.
In Chinese market, offers for imported VSF hovered in the range of US$ 2.15/kg to US$ 2.20/kg. Market experts believe that price should be range bound around US$ 2.12/kg in near future.
VFY market remained stable-to-soft and went down slightly during the reporting week. VFY prices were assessed at RMB 45000/ton, which earlier opened at RMB 45150/ton with firm market fundamentals. The market was moderate amid weak trading sentiments.
In the Chinese market, offers for imported VFY hovered in the range of US$ 6500/ton to US$ 6600/ton but counter offers touched the level of US$ 6250/ton but no deals concluded at such low levels.
Click here to view and compare daily price trends.
Price of dissolving pulp increased in the week. In Chinese domestic market, price rose in the range of RMB 8500/ton to RMB 8600/ton.
In imported Dissolving Wood Pulp market, recent activity was thin. Offers from suppliers were at US$ 1050/ton to US$ 1100/ton. Buyers did try to pull down price towards US$ 1000/ton. Pulp Imported from Canada was at US$ 1100/ton, while from Indonesia it was at US$ 1400/ton. Pulp imported from Brazil was at US$ 1500/ton while from Russia, it was at US$ 1050/ton.
During the previous week, price of VSF had increased to RMB 16200/ton. Earlier price opened at RMB 15900/ton, but with support of demand fundamentals, trading price went up to RMB 16200/ton.
In Chinese market, offers for imported VSF hovered in the range of US$ 2.15/kg to US$ 2.20/kg. Market experts believe that price should be range bound around US$ 2.12/kg in near future.
VFY market remained stable-to-soft and went down slightly during the reporting week. VFY prices were assessed at RMB 45000/ton, which earlier opened at RMB 45150/ton with firm market fundamentals. The market was moderate amid weak trading sentiments.
In the Chinese market, offers for imported VFY hovered in the range of US$ 6500/ton to US$ 6600/ton but counter offers touched the level of US$ 6250/ton but no deals concluded at such low levels.
Click here to view and compare daily price trends.
Fibre2fashion News Desk - India
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