A method for the production of highly refined or microfibrillated cellulose (MFC), comprising the steps of treating cellulosic fibres to remove at least a major part of the primary wall of the fibres, drying the treated fibres, rewetting the treated fibres, and disintegrating the wetted fibres by mechanical means to obtain the final product. Dried cellulosic pulp is produced as an intermediate product of the method, having an average fibre length of at least 0.4 mm, while less than 50% of the primary wall material of natural untreated fibres is left in the intermediate product. Instead of transporting large amounts of dilute MFC dispersion the invention enables transport of the dry intermediate product to the MFC end user, who would complete the process by turning the intermediate product to final MFC by use of standard disintegrating devices.