August 12, 2011- The Polyester Yarn Price Is Consolidating in China

The polyester yarn price continues to be in deadlock in Jiangsu Market. The quotations keep steady in Shengze market. A local direct spinning manufacturer decreased some of the products by 100 Yuan/ton and quoted FDY 50D/24F for 17600 Yuan/ton. Another local melt spinning manufacturer quoted the acceptance price of FDY 75D/144F for 16900 Yuan/ton. The third manufacturer quoted FDY 50D/48F for 16800 Yuan/ton by cash and light FDY 40D/24F for 16600 Yuan/ton. Manufacturers reported that the inquiring atmosphere is dull and the practical discussions are weak. The polyester yarn price is steady in Taicang market. Now one of the local manufacturers quoted FDY 50D/24F for 16900 Yuan/ton by cash and POY 150D/144F for 15200 Yuan/ton by cash remittance and POY 75D/36F for 15400 Yuan/ton by cash. Manufacturers reported that yesterday’s sales were still weak and the production-marketing was around 60%.

The polyester yarn price goes down in Zhejiang Market. A leading manufacturer in Xiao Shan generally decreased the DTY products by 100 Yuan/ton and quoted DTY 300D/96F for 15000 Yuan/ton. A local POY manufacturer in Xiao Shan generally decreased the price by 100 Yuan/ton and quoted POY 150D/144F for 14910 Yuan/ton and POY 75D/36F for 14460 Yuan/ton. The polyester yarn price is steady in Shao Xing market. One of the leading manufactures in Shao Xing quoted FDY 50D/24F for 16400 Yuan/ton and FDY 150D/96F for 14050 Yuan/ton. The products’ prices are consolidating in Tong Xiang. Now one of the local manufacturers quoted DTY 150D/144F for 17150 Yuan/ton. Manufacturers reported that yesterday’s production-marketing was around 80%.