VSF and VFY prices inch down in Chinese domestic market

12 Jan '15

2 min read

In the Chinese domestic market, prices of Cotton Linter were witnessed at RMB 2700/ton in the last week ending 9 January, 2015, which were steady as compared to the previous week ending 2 January. In the last updates from market, offer prices were in the range of RMB 2800/ton to RMB 3000/ton. Trading prices were around RMB 2700/ton to RMB 2800/ton.

Prices of Dissolving Pulp were assessed at RMB 5950/ton in the last week, which were unchanged from the previous week. Prices of imported Dissolving Wood Pulp were offered in the range of US$ 805/ton to US$ 810/ton. Prices of Pulp imported from the US and Europe hovered in the range of US$ 830/ton to US$ 840/ton and US$ 820ton to 830/ton, respectively, while those from Canada were in the range of US$ 750/ton to US$ 780/ton. Prices of Pulp imported from Sweden were between US$ 800/ton and US$ 810/ton.

VSF prices were quoted at RMB 11460/ton in the last week, which were lower as compared to the previous week. During the week, VSF market opened at RMB 11500/ton and closed at RMB 11450/ton level. In the Chinese market, offers for imported VSF hovered in the range of US$ 1.56/kg to US$ 1.58/kg. Market analysts expect VSF prices to remain stable in the ongoing week.

In the last week, VFY market went down a little and prices were quoted at RMB 35040/ton. VFY market sentiment was stable-to-soft and there was weedy demand from downstream market during the period. Producers kept offers stable in the range of RMB 35000/ton to RMB 35050/ton. In the Chinese market, offers for imported VFY remained steady and were assessed in the range of US$ 5400/ton to US$ 5500/ton.

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Fibre2fashion News Desk - India

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