In the just concluded week, price of cotton linter remained stable at RMB 4200/ton. In the last update from market, price was in the range of RMB 4000/ton to RMB 4100/ton.
Buying sentiment remained moderate, whereas, trading offers for cotton linter were in between RMB 3900/ton to RMB 3950/ton. Average price for last week was at RMB 3900/ton.
Price of dissolving pulp remained stable-to-firm last week. In Chinese domestic market, prices were in the range of RMB 8650/ton to RMB 8550/ton. Price of imported dissolving wood pulp was in the range of US$ 1100/ton to US$ 1150/ton.
Pulp imported from US, Canada and Spain were in the range of US$ 1050/ton to US$ 1150/ton, whereas, pulp imported from Brazil was at US$ 1150/ton while from Russia it was at US$ 1100/ton.
During the previous week, price of VSF remained unchanged at RMB 16200/ton. Earlier price opened in the range of RMB 16000/ton to RMB 16100/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$ 2.20/kg to US$ 2.30/kg. Market experts believed that price should be range bound around US$ 2.15/kg in near future.
VFY market remained stable in the reporting week. VFY prices were assessed at RMB 45100/ton, which earlier had opened at RMB 45150/ton with firm market fundamentals.
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 were concluded at such low level.
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Fibre2fashion News Desk - India