Home Facts trade

China Textile Market Information (July 16,2009)

China Textile Market Information (July 16,2009)

Write: Armilla [2011-05-20]

Cotton linter price went down because traders undersold the goods and cotton pulp plants tried to talk down the price due to falling VSF rate and weak sales of cotton pulp. Domestic VSF plants now reduced the proportion of cotton pulp in production, so not many deals were concluded. For dissolving pulp, foreign suppliers generally stopped offering and domestic traders lowered selling idea of spot goods to 7000yuan/mt or even lower.


VSF sales ratio was low and high-end plants increased the production of VSF 1.2D and other differential fibers. For low-end VSF 1.5D, more favorable discounts were offered and some deals were done at below 15000yuan/mt. Listed viscose companies generally published 2009 mid-term forecast and most companies witnessed rapid growth in profits.