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Fortress Global Enterprises Inc - Class A FTPLF

Fortress Global Enterprises Inc produces paper pulp, security papers, and other security-related products. The company through its segments produces dissolving pulp which is primarily used for viscose/rayon manufacturers in Asia. Its business is spread across Asia where it generates most of its revenues, Europe, Canada, and International.


GREY:FTPLF - Post by User

Post by lanaar2on Apr 27, 2012 9:53pm
184 Views
Post# 19846921

Market update

Market update

Price of dissolving pulp increased in the week. In Chinese domestic market, price rose in the range of RMB 8500/ton to RMB 8600/ton.

In imported Dissolving Wood Pulp market, recent activity was thin. Offers from suppliers were at US$ 1050/ton to US$ 1100/ton. Buyers did try to pull down price towards US$ 1000/ton.Pulp Imported from Canada was at US$ 1100/ton, while from Indonesia it was at US$ 1400/ton. Pulp imported from Brazil was at US$ 1500/ton while from Russia, it was at US$ 1050/ton.

During the previous week, price of VSF had increased to RMB 16200/ton. Earlier price opened at RMB 15900/ton, but with support of demand fundamentals, trading price went up to RMB 16200/ton.

https://www.chinatexnet.com/textile-news/2012-04-27/396010.html

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