VSF prices increase last week in Chinese markets

21 Oct '13

2 min read

In Chinese markets, prices of Cotton Linter were assessed at RMB 2960/ton during the last week ending October 19, 2013, which was up by RMB 160/ton over previous week’s prices. In the last updates from market, offer prices were in the range of RMB 2900/ton to RMB 3200/ton, and trading prices were in the range of RMB 2700/ton to RMB 2900/ton. Average prices for last week were RMB 2750/ton.

Prices of Dissolving Pulp were offered at RMB 6575/ton in the last week, which were stable compared to the earlier week. Prices of imported Dissolving Wood Pulp were assessed in the range of 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 increased to RMB 12900/ton in the last week, which were up by RMB 200/ton from the week before. VSF market opened at RMB 12900/ton, and remained stable during the week, when prices were assessed in the range of RMB 12800/ton to RMB 13000/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 remained stable and prices were at RMB 33900/ton due to sluggish demand from the downstream market in the Chinese domestic market. VFY producers kept offers in the range of RMB 33900/ton to RMB 34100/ton. VFY market sentiments remained lackluster during the week. In the Chinese market, offers for imported VFY hovered in the range of US$ 5640/ton to US$ 5750/ton.

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Fibre2fashion News Desk - India

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