October 9, 2011- Production-marketing Increased, Polyester Yarn Price is Pulled Up in China

The polyester yarn price keeps steady in Jiangsu Market today. Local manufacturers in Shengze stabilized the quotations. Now a local melt spinning manufacturer quoted FDY 50D/48F for 16500 Yuan/ton and DTY 75D/72F light web for 19000 Yuan/ton by cash. The direct spinning manufacturer quoted FDY 50D/24F for 17300 Yuan/ton by 6-month acceptance and DTY 150D/144F for 17000 Yuan/ton. Another manufacturer quoted light FDY 40D/24F for 17000 Yuan/ton. The polyester yarn price is stable in Taicang market. Now a local polyester yarn manufacturer quoted POY 75D/72F for 15000 Yuan/ton and POY 150D/144F for 14200 Yuan/ton. Manufacturers in Taicang reported that yesterday’s sales were good and the production-marketing was balanced. The polyester yarn price is stable in Wuxi Market. Now light FDY 50D/36F was quoted 15700 Yuan/ton by cash and semi-dull FDY 61D/24F was quoted 15600 Yuan/ton.

The polyester yarn price is consolidating in Zhejiang Market. Now a local POY manufacturer in Xiao Shan increased the quotations by 50-100 Yuan/ton and quoted POY 75D/36F for 13900 Yuan/ton and POY 150D/144F for 13700 Yuan/ton. Another leading manufacturer stabilized the quotations and quoted FDY 150D/96F for 14200 Yuan/ton and DTY 75D/72F light-web for 18600 Yuan/ton. The manufacturers reported the inquiring atmosphere was not as good as yesterday’s. A local manufacturer in Shao Xing increased some of FDY products by 100-150 Yuan/ton. Now they quoted FDY 50D/24F for 16300 Yuan/ton and FDY 150D/96F for 13900 Yuan/ton. The manufacture reported the inquiring atmosphere was weaker than yesterday’s. The polyester yarn price is unchanged in Tong Xiang market, but previous privilege was canceled. Now a local manufacturer quoted DTY 150D/48F for 15350 Yuan/ton.