Chinese VSF prices marginally down last week, but VFY up

20 Oct '14

2 min read

In the Chinese domestic market, prices of Cotton Linter were assessed at RMB 2700/ton in the last week ending October 17, 2014, which were unchanged from the previous week ending October 10, 2014. In the last updates from 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 6025/ton in the last week, which were stable compared to the previous week. Prices of imported Dissolving Wood Pulp were offered in the range of US$ 810/ton to US$ 815/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 840/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$ 820/ton and US$ 825/ton.

VSF prices were assessed at RMB 12000/ton in the last week, which were marginally down from the previous week. At the beginning of the week, VSF market opened at RMB 12000/ton and closed at the end of the week at same levels. In the Chinese market, offers for imported VSF were in the range of US$ 1.59/kg to US$ 1.63/kg. Market analysts expect VSF prices to remain steady in the upcoming week.

In the last week, VFY market increased and prices were assessed at RMB 34870/ton. During the week, VFY market sentiment was favourable and there was good demand from downstream market. VFY producers kept offers in the range of RMB 34850/ton to RMB 34870/ton. In the Chinese market, offers for imported VFY kept inert in the range of US$ 5500/ton to US$ 5600/ton.

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Fibre2fashion News Desk - India

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