Weekly Report: Poly Filament Yarn(12th Sept-16th Sept)
Author: Sep 19, 2011 08:35
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Poly yarn price slightly increased this week. At the beginning of the week, for low inventory level and the willing of increase the price by many manufacturers, some plants quotations are increased. While in the second half of the week, for the influence of PTA price fall back, MEG price fall back, add up with an average marketing, poly yarn price is mainly kept stable.
FDY price is mostly increased this week, and its increase amount is around 100-400CNY/t. For it sales good on the market, its inventory level is low, moreover its profit margin is small, thus many plants marked its price up by large. In detail, FDY 50D/24F, 50D/48F and also some other finer denier products sales well. By the weekend, FDY50D/24F six-month acceptance is quoted at 18200CNY/t.
DTY price consolidate this week, with many plants quotations keeps stable. Mainly because the downstream knit weaving industry is depressed, with a low operation rate, low demand and also some other factors. See from marketing, DTY normal specification sales well, such as DTY75D/36F and 100D/36F. DTY150D/288F six-month acceptance price by mainstream plants is quoted at 18300CNY/t.
POY price increased slightly this week, with some specifications increased by a hundred China Yuan. For its small increase amount is mainly due to the drafting textured products become dull sale. DTY products is also dull sale, texturing machine device shut down increased. See from marketing, relatively speaking, the main used product is still texturing yarn, but joint interlacing yarn amount is low. POY150D/288F acceptance price is quoted at 15950CNY/t.
Now in poly yarn plants, the stock level is generally low. Downstream weaving plants buy in according to needs. Thus this week, poly yarn plants production and marketing rate is low. Some is around 80%, while the higher is a littler over 100%, thus most FDY and POY stock level is low, with the amount in only a few days, while DTY stock level is high, with its amount around two weeks.
Upstream feedstock price for poly products began fall back, while downstream marketing is just on average. The busy season appears to be not that busy. Weaving plants come to wait and see, with a prudent material procurement. With the influence of both cost and demand fall, poly yarn price will be weakened. But for the short period, for the stock of many plants, poly yarn price will be kept stable temporary.
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Editor: Candy From: 168Tex.com
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