July 28, 2011-No Stock Pressure, the Polyester Yarn Price Mainly Increased in China

The polyester yarn price increased in Jiangsu Market. It is also uptrend in Shengze market. A local direct spinning manufacturer increased some of the FDY products by 100 Yuan/ton. Now they quoted the acceptance price of FDY 50D/24F for 17600 Yuan/ton and the acceptance price of DTY 75D/144F for 19900 Yuan/ton. A local melt spinning manufacturer also increased some of FDY products by 100 Yuan/ton and quoted light FDY 50D/36F for 17500 Yuan/ton with acceptance and semi-dull FDY 55D/24F for 17400 Yuan/ton with acceptance. The third manufacturer quoted light FDY 75D/144F for 16900 Yuan/ton and semi-dull FDY 55D/24F for 17400 Yuan/ton. The polyester yarn price keeps steady in Taicang. Now one of the local manufacturers quoted FDY 50D/24F for 16900 Yuan/ton by cash and POY 150D/144F for 15300 Yuan/ton by cash remittance. Manufacturers reported that influenced by the high temperature, the sales of POY products dropped, and yesterday’s production-marketing fell back obviously and was around 80%.

The polyester yarn price slightly increased in Zhejiang Market. Now one of local manufacturer in Xiao Shan increased 50D to 120D series of FDY products by 100 Yuan/ton. Now they quoted FDY 66D/24F for 15900 Yuan/ton and FDY 75D/72F for 15700 Yuan/ton. Another POY manufacturer stabilized the quotations and quoted POY 150D/144F for 15160 Yuan/ton. The polyester yarn price also slightly goes up in Shao Xing. One of the local leading manufacturers quoted FDY 50D/48F for 16900 Yuan/ton by cash and FDY 50D/36F for 16900 Yuan/ton. A leading manufacturer in Tong Xiang increased FDY prices by 100 Yuan/ton and quoted DTY 150D/144F for 17250 Yuan/ton and POY 75D/144F for 16500 Yuan/ton. Manufacturers reported that the production-marketing was balanced basically.