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China Viscose Market Summary


http://www.texnet.com.cn  2010-10-10 08:39:35  来源:ChinaTexnet 收藏
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Prices of new cotton linter hiked affected by surging cotton rates as well as bullish expectation for new season. After long holiday, the quotation in north China even surpassed 10000yuan/mt, though no deals were concluded.

Cotton linter pulp plants became reluctant sellers at 13500yuan/mt on rising cotton linter rates, so they raised offers. Some plants quoted up to 16000yuan/mt on Oct 8, but VSF plants held a wait-and-see stance temporarily. Dissolving pulp supply was rather tight in spot market and few imported goods were available lately.

VSF price jumped for several times on hiking cotton rates and bullish sentiment of suppliers. The prevailing price of VSF 1.5D had risen to 21000yuan/mt and downstream plants kept chasing up. Rayon yarn price also kept uptrend.

VFY price saw big increase as well and the higher offer for first-grade VFY 120D reached 40000yuan/mt after long holiday. Traders were reluctant to sell goods at low price now.
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文章关键词: Viscose  Price  Cotton linter  VSF  VFY 
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