Chinese VSF & VFY markets move upward last week

15 Sep '14

2 min read

In the Chinese domestic market, prices of Cotton Linter were assessed at RMB 2700/ton in the last week ending September 12, 2014, which were stable compared to a week earlier. In the last updates from the market, offer prices were in the range of RMB 2800/ton to RMB 3000/ton, and trading prices were in the range of RMB 2700/ton to RMB 2800/ton.

Prices of Dissolving Pulp were spotted at RMB 6035/ton in the last week, which were slightly lower from the previous week. Prices of imported Dissolving Wood Pulp were offered in the range of US$ 820/ton to US$ 825/ton. Prices of Pulp imported from the US and Europe were in the range of US$ 840/ton to US$ 850/ton and US$ 820ton to 830/ton, respectively, while those from Canada were in the range of US$ 770/ton to US$ 820/ton. Prices of Pulp imported from Sweden were between US$ 840/ton and US$ 850/ton.

VSF prices were quoted at RMB 12030/ton in the last week, which were up from the previous week. During the week, VSF market opened at RMB 12000/ton and closed at RMB 12050/ton level. In the Chinese market, offers for imported VSF were witnessed in the range of US$ 1.59/kg to US$ 1.63/kg. Market analysts expect VSF prices to stay stable this week.

In the last week, VFY market moved upward and prices were quoted at RMB 34690/ton. VFY market sentiments remained favourable and there was superior demand from the market during that period. VFY producers kept offers in the range of RMB 34670/ton to RMB 34690/ton. In the Chinese market, offers for imported VFY remained stable in the range of US$ 5500/ton to US$ 5600/ton.

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Fibre2fashion News Desk - India

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