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October 24, 2011- Normal Demand, Straddle Attitude is Strong in Polyester Yarn Market

2011-10-25

Today, the polyester price is in Jiangsu Market. Leading manufacturers in Shengze stabilized the quotations. Now one of the direct spinning manufacturers quoted FDY 50D/24F for 16700 Yuan/ton with 6-month acceptance and DTY 150D/144F light web for 16500 Yuan/ton with 6-month acceptance. Another leading melt spinning manufacturer quoted semi-dull FDY 50D/48F for 16300 Yuan/ton and light FDY 50D/36F for 16500 Yuan/ton. Other local manufacturers all kept the previous quotations unchanged and they reported the inventories were around half-month amount. Polyester yarn price kept steady in Taicang. One of the major manufacturers there quoted FDY 50D/24F for 15800 Yuan/ton and POY 150D/144F for 13850 Yuan/ton. Manufacturers reported the inquiring atmosphere was good in the early market.

In Zhejiang Market, polyester yarn price is also stable. A leading manufacturer in Xiao Shan didn’t give any change for the products’ prices and now they quoted FDY 61D/24F for 15200 Yuan/ton and DTY 75D/144F light web for 18200 Yuan/ton. Another POY manufacturer quoted POY 150D/48F for 13400 Yuan/ton. The price keeps steady in Shao Xing. One of the local manufacturer quoted FDY 150D/96F for 17300 Yuan/ton. Manufacturers reported that the inquiring atmosphere was good in the early market and the practical trade volume increased. Polyester yarn price is stable in Tong Xiang. A leading manufacturer there quoted DTY 150D/48F for 14700 Yuan/ton and POY 150D/144F for 13650 Yuan/ton by cash. Manufacturers reported that the production-marketing was around 80%.

Source:168tex.com

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