August 3, 2011 –Pulled by the Cost, the Polyester Yarn Price Gets Stable and Uptrend in China

The polyester yarn price is mainly steady in Jiangsu Market today. The prices slightly increased in Shengze. A local direct spinning manufacturer increased some of DTY products by 100 Yuan/ton, generally increased POY products by 100 Yuan/ton and stabilized the prices of FDY products. Now they quoted the acceptance price of DTY 75D/144F for 19900 Yuan/ton and the acceptance price of DTY 150D/144F for 17800 Yuan/ton. A local melt spinning manufacturer keep the prices unchanged and quoted the acceptance price of FDY 75D/144F for 16900 Yuan/ton and semi-dull FDY 55D/24F for 17400 Yuan/ton with acceptance. The third manufacturer quoted light FDY 40D/24F for 16600 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 the inquiring atmosphere was as usual in the early market.

The polyester yarn price slightly increased in Zhejiang Market. One of the local manufacturers in Xiao Shan generally increased the DTY products by 100 Yuan/ton and quoted DTY 150D/48F low-stretch for 16300 Yuan/ton and DTY 150D/144F micro-web for 17000 Yuan/ton and FDY 50D/24F for 16800 Yuan/ton. Another POY manufacturer also increased some of their products by 50-100 Yuan/ton and now they quoted POY 150D/144F for 15160 Yuan/ton. The products’ prices slightly increased in Tong Xiang; now one of the local manufacturers there quoted DTY 150D/144F for 17250 Yuan/ton and POY 75D/144F for 16500 Yuan/ton. Manufacturers reported that yesterday’s production-marketing was still around 80%.