Pulp suppliers tended to raise their indications numbers, with that hardwood and softwood pulp were both up US$20 a ton in the last week of July. However, no deals were concluded at those levels since downstream viscose makers showed thin interest.
In China, dissolving pulp prices moved up. Suppliers were unwilling to sell at less than their increased prices which were up US$10 a ton from last week. Downstream reaction was insipid. In the imported dissolving pulp market, confirmed fresh offers were limited.
Cotton pulp prices climbed in East China and discussions for staple-grade pulp were at 6,150 Yuan a ton (US$1,005 a ton), with offers mostly at 6,200 Yuan a ton (US$1,015 a ton). High-quality pulp were partially traded at 6,350 Yuan a ton (US$1,040 a ton) or slightly above. Offers for filament-grade linter were at 3,150-3,200 Yuan a ton (US$515-525 a ton); with high end at 3,300 Yuan a ton (US$540 a ton). Staple-grade linter availability was sparse, with offers at 2,800 Yuan a ton (US$460 a ton).
Courtesy: Weekly PriceWatch Report
