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June 27, 2011-The Polyester Yarn Price Tends to Be Weak In China Today

2011-6-28

The polyester yarn price is mainly steady in Jiangsu Market. Local manufacturers unchanged the previous quotations in Shengze. Now a local melt spinning manufacturer quoted FDY 50D/72F for 17,400 Yuan/ton and FDY 50D/48F for 16,400 Yuan/ton. Another local direct spinning manufacturer quoted FDY 50D/24F for 15,300 Yuan/ton and DTY 150D/288F for 17,400 Yuan/ton. The polyester price went steady in Taicang. Now a local manufacturer quoted FDY 50D/24F for 15,500 Yuan/ton and POY 150/144F for 14,900 Yuan/ton. Manufacturers reported that the early inquiry was as usual.

The polyester yarn price is weak in Zhejiang Market today. The polyester yarn price is weak in Xiao Shan. A local POY manufacturer decreased some of their products’prices. Now they quoted POY 75D/36F for 14,900 Yuan/ton and POY 100D/36F for 14,310 Yuan/ton. Another local manufacturer decreased the price of DTY and POY products by 100 Yuan/ton generally. Now they quoted DTY 75D/72F web yarn for 18,700 Yuan/ton, DTY 150D/48F for 16,200 Yuan/ton and POY 75D/72F for 15,900 Yuan/ton. The manufacturers in Tong Xiang unchanged the quotations; now one of them quoted DTY 150D/48F for 16,050 Yuan/ton and POY 150D/144F for 15,050 Yuan/ton. Manufacturers reported that the production-marketing in last weekend fell back to around 80%.

At present, the straddle attitude is strong in the downstream market. The production-marketing of the polyester yarn manufacturers fell back obviously. Therefore, it is predicted that with the storage’s change, the promotion measurements of the manufacturers will come out sooner or later.

Source:168Tex.com
 
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