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PSF, ASF & VSF likely to remain range bound in May

27
Apr '12
In first week of May-2012, PSF price is expected remain range bound in between RMB 10900/ton to RMB 11200/ton, in the Chinese domestic market.

Current offers for PSF in the Chinese USD market is around US$ 1560/ton to US$ 1570/ton, which is expected to decline by US$ 10/ton in first week of May.

In the same period, ASF price is expected remain range bound in between RMB 20200/ton to RMB 20400/ton.

Current offers for ASF is in the range of US$ 3000/ton to US$ 3020/ton but it is expected to decline by US$ 20/ton, in the range of US$ 2970/ton to US$ 2990/ton.

In the reporting period, VSF price is expected remain range bound in between RMB 16100/ton to RMB 16200/ton.

Current offers for VSF is in the range of US$ 2150/ton to US$ 2300/ton which expected to remain stable in the range of US$ 2100/ton to US$ 2250/ton.

Fibre2fashion News Desk - India


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