Viscose Market Summary (Dec 1-15, 2010)
Cotton linter prices declined and trades were thin. The ex-works price of a few regions in central and east China had fallen below 10000yuan/mt.
Cotton linter pulp offers trended down amid mixed appearance. High-quality goods were still quoted at above 20000yuan/mt with thin trades. Dec guiding price for staple-grade cotton linter pulp was fixed after the industry meeting. Major dissolving pulp suppliers in import market stopped offering. As for China-made goods, Fujian Nanping Paper quoted at 16000yuan/mt.
VSF market continued to be dull with falling prices. The selling idea of VSF 1.5D fell much and some plants released monthly settlement price at 25000yuan/mt later with improving sales. Rayon yarn prices went down with unsmooth sales since downstream plants were not active to make enquiries.
VFY sales weakened but offers were relatively firm amid tight supply of filament-grade cotton linter pulp. Downstream plants generally adopted a hand-to-mouth strategy.
Cotton linter pulp offers trended down amid mixed appearance. High-quality goods were still quoted at above 20000yuan/mt with thin trades. Dec guiding price for staple-grade cotton linter pulp was fixed after the industry meeting. Major dissolving pulp suppliers in import market stopped offering. As for China-made goods, Fujian Nanping Paper quoted at 16000yuan/mt.
VSF market continued to be dull with falling prices. The selling idea of VSF 1.5D fell much and some plants released monthly settlement price at 25000yuan/mt later with improving sales. Rayon yarn prices went down with unsmooth sales since downstream plants were not active to make enquiries.
VFY sales weakened but offers were relatively firm amid tight supply of filament-grade cotton linter pulp. Downstream plants generally adopted a hand-to-mouth strategy.
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