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VSF and VFY prices move up in China last week

20 Apr '15
2 min read

In the Chinese domestic market, prices of Cotton Linter were spotted at RMB 2415/ton in the last week ending April 17, which were stable as compared to the previous week ending April 10, 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 assessed at RMB 6075/ton in the last week, which were steady 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 hovered in the range of US$ 830/ton to US$ 840/ton and US$ 820/ton to US$ 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$ 795/ton and US$ 800/ton.
 
VSF prices were witnessed at RMB 11790/ton in the last week, which were up compared to the previous week. During the week, VSF market opened at RMB 11700/ton and closed at RMB 11900/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 prices increased and were offered at RMB 35800/ton. VFY market sentiments were good. Producers kept offers in the range of RMB 35750/ton to RMB 35800/ton. In the Chinese market, offers for imported VFY were steady 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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