VSF prices stay stable-to-soft in Chinese market last week

31 Mar '14

2 min read

In the Chinese domestic market, prices of Cotton Linter were quoted at RMB 2980/ton during the last week ending March 28, 2014, which were slightly down from the previous week. In the last updates from market, offer prices were in the range of RMB 2800/ton to RMB 3100/ton, and trading prices were in the range of RMB 2750/ton to RMB 2850/ton. Average price for last week was RMB 2800/ton.

Prices of Dissolving Pulp were quoted at RMB 6640/ton in the last week, which were relatively stable from the previous week. Prices of imported Dissolving Wood Pulp were assessed in the range of US$ 870/ton to US$ 880/ton. Prices of Pulp imported from the US and Europe were in the range of US$ 900/ton to US$ 910/ton, while those from Canada were in the range of US$ 880/ton to US$ 890/ton. Prices of Pulp imported from Sweden were between US$ 880/ton and US$ 890/ton.

VSF prices remained stable-to-soft at RMB 11900/ton in the last week. At the beginning of the week, VSF market opened at RMB 11900/ton, and then prices remained stable in the range of RMB 11800/ton to RMB 11900/ton. In the Chinese market, offers for imported VSF hovered in the range of US$ 1.63/kg to US$ 1.67/kg. Market analysts expect VSF prices to decline further in the near term.

In the last week, VFY market remained stable and prices were assessed at RMB 34100/ton, which were relatively stable compared to the previous week. Although VFY market showed some sign of improvement, prices remained relatively stable due to moderate demand from the downstream buyers during the week. VFY producers kept offers in the range of RMB 34000/ton to RMB 34200/ton. 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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