The Polyester Filament Price Declines Sharply in China

Today the major polyester manufacturer that the quotation declines sharply in China-Shengze market; and the quotation continues to be down in a mainstream polyester spinning factory, now FDY offers down 300-500RMB per ton, DTY declines 300RMB per ton, and POY cut 200RMB per ton in general, now the quotation of FDY50D/24F is 16,600RMB per ton (acceptance for six months), while another big factory that the quotation declines 100-200RMB per ton, now cash quotation of semi-bright FDY50D/48F is 16,300RMB per ton, and the cash quotation of bright FDY40D/24F is 16,700RMB per ton, however, another melting spinning factory that the quotation also drops. The detailed prices are not released by this report.