In the week ending April 7, Chinese price of cotton linter remained unchanged and was inert at RMB 4170/ton. In the last update from market, price was in the range of RMB 4150/ton to RMB 4200/ton. Buying sentiment remained moderate, whereas trading offers were in between RMB 4125/ton to RMB 4200/ton.
During the same week, price of VSF had increased to RMB 15850/ton. Earlier price opened at RMB 15800/ton, but with support of demand fundamentals, trading price went up to RMB 15850/ton.
Offers for imported VSF, hovered in the range of US$ 2.15/kg to US$ 2.25/kg. Market experts believed that price should be range bound around US$ 2.12/kg in near future.
Price of dissolving pulp declined in the week. In Chinese domestic market, price fell in the range of RMB 8500/ton to RMB 8600/ton. Price of imported dissolving wood pulp was in the range of US$ 1050/ton to US$ 1080/ton.
Offer price for imported dissolving pulp hovered around 1100/ton, but counter offers did not cross the level of US$ 1080/ton. Pulp imported from U.S.A, Canada and Spain was in the range of US$ 1100/ton to US$ 1150/ton. Counter offers were around US$ 1100/ton to US$ 1050/ton.
Pulp imported from Sweden was heard at US$ 1050/ton and pulp imported from Russia was at US$ 1080/ton.
Price of VFY declined to RMB 45150/ton. Earlier, price opened at RMB 45200/ton with support of demand fundamentals. In Chinese market, offers for imported VFY, hovered in the range of US$ 6400/ton to US$ 6500/ton.
Click here to view and compare daily price trends.
Fibre2fashion News Desk - India
marketing@alchempro.com
