August 10, 2011- The Polyester Yarn Price is In Stalemate in China

The polyester yarn price continues to be steady in Jiangsu Market. A local full-dull products’ manufacturer deceased FDY products by 100 Yuan/ton. Now they quoted full-dull FDY 48D/48F for 20100 Yuan/ton and FDY 68D/48F for 18200 Yuan/ton. The second manufacturer decreased the quotations by 100 Yuan/ton yesterday and stabilized the quotations today. Now they quoted FDY 50D/48F for 16800 Yuan/ton by cash and light FDY 40D/24F for 16600 Yuan/ton. The local melt spinning manufacturer quoted the acceptance price of FDY 75D/144F for 16900 Yuan/ton. Manufacturers reported that yesterday’s sales were weak and the production-marketing was around 60%. The polyester yarn price slightly went weak in Taicang market. Now one of the local manufacturers decreased routine POY products by 100 Yuan/ton and quoted FDY 50D/24F for 16900 Yuan/ton by cash and POY 150D/144F for 15300 Yuan/ton by cash remittance and POY 75D/36F for 15500 Yuan/ton by cash. Manufacturers reported that yesterday’s sales were around 50%.

The polyester yarn price is consolidating in Zhejiang Market. A local manufacturer quoted FDY 50D/24F for 16800 Yuan/ton and DTY 150D/48F low-stretch for 16300 Yuan/ton. Another local POY manufacturer in Xiao Shan quoted POY 150D/144F for 15010 Yuan/ton and POY 75D/36F for 14560 Yuan/ton. The polyester yarn price is steady in Shao Xing market. One of the leading manufactures in Shao Xing quoted FDY 150D/96F for 14110 Yuan/ton. The products’ prices are unchanged 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 around 80%.