The Polyester Price Declines in China-Shengze

Today the polyester filament price tends to be weak in China-Shengze market. For example, a big factory that the quotation generally declines 200-300RMB per ton in China-Shengze market, now cash quotation of the bright FDY40D/24F is 17,500RMB per ton, and the semi-bright FDY50D/24F offers 17,000RMB per ton, while another melting spinning factory that the higher products fall 200-300RMB per ton. At present, another major spinning factory that the quotation tends to be stable, due to cut price in the previous day. Now the cash quotation of FDY50D/24F is 17,500RMB per ton, and the quotation of DTY75D/72F is 20,300RMB per ton. The factory reflected that the inquiry atmosphere was general in the early market.