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Chinese VSF & cotton linter trends soft-to-stable

In the previous week, price of Cotton Linter was stable-to-soft at RMB 4170/ton. Earlier price opened at RMB 4230/ton. In the last update from market, price was in the range of RMB 4100/ton to RMB 4250/ton.

Overall market sentiment was dull amid lack of demand from the downstream market. Trading offers were in between RMB 4150/ton to RMB 4350/ton. Average price for last week was RMB 4200/ton.

Price of dissolving pulp remained stable in the just concluded week. In Chinese domestic market, prices were in the range of RMB 8550/ton to RMB 8650/ton. Price of imported Dissolving Wood Pulp was in the range of US$ 1050/ton to US$ 1100/ton.

Pulp imported from US, Canada and Spain were in the range of US$ 1050/ton to US$ 1150/ton, whereas, Pulp imported from Brazil was at US$ 1150/ton while Russian was at US$ 1100/ton.

During the reporting week, price of VSF was stable-to-soft at RMB 16150/ton. Earlier price opened in the range of RMB 16150/ton to RMB 16250/ton, but trading price went down to RMB 16150/ton.

In Chinese market, offers for imported VSF hovered in the range of US$ 2.20/kg to US$ 2.30/kg. Market experts believe that price should be range bound around US$ 2.15/kg in near future.

VFY market remained stable in the week but market opened with a decline in prices which were assessed at RMB 44900/ton. Earlier, price opened at RMB 44950/ton. In the Chinese market, offers for imported VFY hovered in the range of US$ 6450/ton to US$ 6500/ton, but counter offers touched the level of US$ 6200/ton.

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