Rayon grade dissolving pulp market saw prices weaken slightly in the last two weeks. Offers for hardwood pulp were at USD 930-945 per metric ton down USD 15 while softwood pulp was at USD 980-1,030 per metric ton, down USD 50. Filament-grade dissolving pulp prices were stable with mainstream offers for softwood pulp of US and Europe origin generally at USD 1,070-1,080 per metric ton.
Viscose staple fibre markets were boosted, led by firming cotton sentiment and boosting downstream buying interest. In China, producers raised offers for medium-end and high-end goods while downstream mills emerged active, mostly stocking up materials of around 30 days’ worth. Thus, some producers enjoyed good sale/production ratios for several days, and in turn inventory fell to a low level. In spot, 1.5D VSF offers gained at 14.19 Yuan per kg (USD 2.22 per kg) and 1.2D to 14.39 Yuan per kg (US$ 2.25 per kg), both up US cents 3. Taking cue from China, producers in India maintained their offers steady at INR 144-151 kg (USD 2.11-2.21 per kg, down US cents 3 due to weak INR).