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Chinese VSF & VFY prices stable to soft last week

Jun '12

In the last week, prices of Cotton Linter were stable-to-soft at RMB 3550/ton. Earlier, price opened at RMB 3800/ton. In the last update from maket, prices were in the range of RMB 3600/ton to RMB 3900/ton.  Trading offers were in between RMB 3500/ton to RMB 3800/ton. Average price for last week was at RMB 3700/ton

Price of dissolving pulp was stable-to-soft in the last week. In Chinese domestic market, prices were in the range of RMB 8150/ton to RMB 8250/ton. Prices of imported Dissolving Wood Pulp were in the range of US$ 1000/ton to US$ 1080/ton.

Prices of Pulp imported from U.S, Canada and Spain were in the range of US$ 900/ton to US$ 1150/ton, whereas price of Pulp imported from Brazil was at US$ 1150/ton while in Russia it was at US$ 1050/ton.

During the previous week, price of VSF were stable-to-soft at RMB 15100/ton. Earlier, price opened in the range of RMB 15150/ton to RMB 15250/ton, but the trading price went down to RMB 15050/ton. In Chinese market, offers for imported VSF hovered in the range of US$ 2.10/kg to US$ 2.20/kg. Market experts believed that price should be range bound around US$ 2.15/kg in the near future.

VFY prices remained stable-to-soft at RMB 44400/ton. Earlier, price opened at RMB 44500/ton, but trading was steady at RMB 44400/ton. In the Chinese market, offers for imported VFY hovered in the range of US$ 6300/ton to US$ 6400/ton. In Chinese domestic market, VFY market softened due to weak demand from the downstream market.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India

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