Prices of Cotton Linter maintained a stable trend at RMB 3425/ton in the last week. In the last update from market, prices were in the range of RMB 3250/ton to RMB 3550/ton. Trading offers were in between RMB 3200/ton to RMB 3500/ton. Average price for last week was at RMB 3250/ton.
In the last week, prices of Dissolving Pulp continued to maintain a stable trend at RMB 7875/ton. Prices of imported Dissolving Wood Pulp were assessed at US$ 1015/ton. Prices of Pulp imported from the US were in the range of US$ 1000/ton to US$ 1050/ton, while those from Canada were in the range of US$ 950/ton to US$ 1050/ton. Prices of Pulp imported from Sweden and Russia were at US$ 1000/ton.
During the last week, VSF prices upheld a steady trend and producers firmly held their offers at around RMB 15700/ton. In the Chinese market, offers for imported VSF hovered in the range of US$ 2.05/kg to US$ 2.15/kg. Market experts believe that price would remain range bound around US$ 2.10/kg in the near future.
In the previous week, VFY prices decreased at slow and steady rate, producers firmly held their offers in the range of RMB 43450/ton to RMB 43550/ton. In the Chinese market, offers for imported VFY hovered in the range of US$ 6250/ton to US$ 6350/ton. VFY market remained stable in the Chinese domestic market. Supplies were active and cargo holders offered discounts to balance inventory. However, downstream market remained weak and buyers kept wait-and-see stance during the last week. It is expected that VFY market will remain stable for the short run.
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Fibre2fashion News Desk - India