Chinese VSF prices remain stable-to-soft last week

03 Sep '13

2 min read

In the Chinese domestic market, prices of Cotton Linter were assessed at RMB 2900/ton during the last week ending August 31, which were relatively down from the previous week. In the last updates from the market, offer prices were in the range of RMB 3100/ton to RMB 3400/ton, and trading prices were in the range of RMB 2700/ton to RMB 2900/ton. Average prices for last week were RMB 2740/ton.

Prices of Dissolving Pulp were offered at RMB 6650/ton in the last week, which were down by RMB 50/ton from the week before. Prices of imported Dissolving Wood Pulp were assessed at US$ 880/ton to US$ 890/ton. Prices of Pulp imported from the US were in the range of US$ 880/ton to US$ 900/ton, while those from Canada were in the range of US$ 870/ton to US$ 880/ton. Prices of Pulp imported from Sweden and Russia were between US$ 860/ton and US$ 880/ton.

VSF prices remained stable-to-soft at RMB 13110/ton in the last week, which were relatively down from the week before. VSF market opened at RMB 13100/ton, remained stable during the week, and prices were assessed in the range of RMB 13100/ton to RMB 13300/ton. In the Chinese market, offers for imported VSF hovered in the range of US$ 1.86/kg to US$ 1.91/kg. Market experts expect VSF prices to remain stable-to-soft in the near term.

In the last week, VFY market declined further and prices were at RMB 34050/ton due to sluggish demand from the downstream market in the Chinese domestic market. VFY producers kept offers in the range of RMB 34000/ton to RMB 34200/ton. VFY market sentiments remained lackluster and trading activities were scarce during the week. In the Chinese market, offers for imported VFY hovered in the range of US$ 5660/ton to US$ 5770/ton.

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Fibre2fashion News Desk - India

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