October 24, 2011- Normal Demand, Straddle Attitude is Strong in Polyester Yarn Market

Today, the polyester price is in Jiangsu Market. Leading manufacturers in Shengze stabilized the quotations. Now one of the direct spinning manufacturers quoted FDY 50D/24F for 16700 Yuan/ton with 6-month acceptance and DTY 150D/144F light web for 16500 Yuan/ton with 6-month acceptance. Another leading melt spinning manufacturer quoted semi-dull FDY 50D/48F for 16300 Yuan/ton and light FDY 50D/36F for 16500 Yuan/ton. Other local manufacturers all kept the previous quotations unchanged and they reported the inventories were around half-month amount. Polyester yarn price kept steady in Taicang. One of the major manufacturers there quoted FDY 50D/24F for 15800 Yuan/ton and POY 150D/144F for 13850 Yuan/ton. Manufacturers reported the inquiring atmosphere was good in the early market.

In Zhejiang Market, polyester yarn price is also stable. A leading manufacturer in Xiao Shan didn’t give any change for the products’ prices and now they quoted FDY 61D/24F for 15200 Yuan/ton and DTY 75D/144F light web for 18200 Yuan/ton. Another POY manufacturer quoted POY 150D/48F for 13400 Yuan/ton. The price keeps steady in Shao Xing. One of the local manufacturer quoted FDY 150D/96F for 17300 Yuan/ton. Manufacturers reported that the inquiring atmosphere was good in the early market and the practical trade volume increased. Polyester yarn price is stable in Tong Xiang. A leading manufacturer there quoted DTY 150D/48F for 14700 Yuan/ton and POY 150D/144F for 13650 Yuan/ton by cash. Manufacturers reported that the production-marketing was around 80%.