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China Polyester Filament Yarn Market Daily(19 Apr 2011)

2011-4-20

CCF Price
POY75/72F   16400-16900
POY150D/48F  14400-14700
FDY68D/24F   15800-16300
FDY150D/96F  14400-14600
DTY75D/72F   19600-20400
DTY150D/48F  16100-16300

Zhejiang
The majority of PFY products remained stable while a few descriptions dipped 100-200yuan/mt. Sales ratio was at 70-90%, a few at 100%. DTY150D, 200D and 300D were offered stably at 16000-16100, 15400-15500 and 15100-15200yuan/mt. Some FDY varieties dropped 100-150, 100/48, 120 and 150 at 14900-15200, 14600-15000 and 14400-14600yuan/mt respectively.

Jiangsu
Jiangsu plants mainly released steady offers but some offers dipped by 100-300yuan/mt. Discounts still existed but market sentiment remained weak.

PFY sales ratio in Zhejiang and Jiangsu was mainly at 70-80% with higher ones at 100%, several at 130%. PFY market will keep shivering in weakness in the short term.

Fujian
Fujian prices remained stable with discounts available for bad-sale varieties. POY, FDY and DTY150D were prevailingly pegged at 14800, 14900-15000 and 16600-16700yuan/mt. Major plants reported moderate sales today with a ratio at 60-80%.

Downstream Operation
O/R basically kept stable while power ration continued in some regions. Run rates in Xiaoshan/Shaoxing circular knitting plants was at 70% and O/R in Shengze region at 80%. O/R of Haining/Wujiang weavers was at about 90%. O/R of Fujian looms was at 65% with Guangdong looms at 60%.

($1=CNY 6.53)

Source:CCFGroup
 
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