VSF & VFY prices increase in Chinese market last week

30 Mar '15

2 min read

In the Chinese domestic market, prices of Cotton Linter were spotted at RMB 2415/ton in the last week ending March 27, which were down compared to the previous week ending March 20, 2015. In the last updates from market, offer prices were in the range of RMB 2515/ton to RMB 2715/ton. Trading prices were at RMB 2415/ton.

Prices of Dissolving Pulp were witnessed at RMB 6000/ton in the last week, which were steady as compared to the previous week. Prices of imported Dissolving Wood Pulp were quoted in the range of US$ 795/ton to US$ 800/ton. Prices of Pulp imported from the US and Europe were in the range of US$ 830/ton to US$ 840/ton and US$ 810/ton to US$ 815/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$ 795/ton and US$ 800/ton.

VSF prices were assessed at RMB 11390/ton in the last week, which were up compared to the previous week. During the week, VSF market opened at RMB 11350/ton and closed at RMB 11450/ton level. In the Chinese market, offers for imported VSF hovered in the range of US$ 1.54/kg to US$ 1.56/kg. Market analysts expect VSF prices to remain stable in the ongoing week.

In the last week, VFY prices went up and were offered at RMB 35400/ton. VFY market sentiments were favourable during that period. Producers kept offers in the range of RMB 35350/ton to RMB 35400/ton. In the Chinese market, offers for imported VFY went up and were in the range of US$ 5600/ton to US$ 5650/ton.

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Fibre2fashion News Desk - India

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