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China Viscose Market Daily (28 Feb 2011)

2011-3-1
CCF Prices
Cotton linter (yuan/mt, ex-works) 12400 ↘100
Staple-grade cotton linter pulp (yuan/mt) 21300
Staple-grade dissolving pulp ($/mt) 2600
VSF 1.5D*38mm (yuan/mt) 28200
China Yarn Index, rayon yarn 30S (yuan/mt) 33400
Bright VFY 120D in Linping, Zhejiang (yuan/mt) 50800 ↗300

Viscose staple fiber
VSF offers were largely steady despite a modest increase. VSF 1.5D was mainly offered at 28500yuan/mt, with the
higher at 29000yuan/mt. Discussion levels still remained at 28400yuan/mt and transactions kept modest at 28500yuan/mt. Downstream plants replenished a few stocks as they generally held a wait-and-see stance.

Viscose filament yarn
VFY offers kept stable and talked prices gradually moved up. Traded prices were a bit mixed currently and VFY plants' quotations showed signs of going up in Mar.

($1=CNY 6.58)

 

 

source:CCFGroup

 
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