October 25, 2011- Supported by the Cost, Polyester Yarn Price Is in Deadlock

Today, the polyester price is strong in Jiangsu Market. Leading manufacturers in Shengze still stabilized the quotations. Now one of the leading melt spinning manufacturers quoted semi-dull FDY 50D/48F for 16300 Yuan/ton and light FDY 50D/36F for 16500 Yuan/ton. Another direct spinning manufacturer 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. The third full-dull products manufacturer quoted FDY 40D/48F for 20900 Yuan/ton and DTY 75D/72F for 19700 Yuan/ton. Manufacturers reported the inquiring atmosphere was good in the early market. Polyester yarn price kept steady in Taicang. One of the major manufacturers there quoted FDY 50D/24F for 15800 Yuan/ton and POY 150D/48F for 13400 Yuan/ton. Manufacturers reported that yesterday’s inventory rose back to 80%.

In Zhejiang Market, polyester yarn price is in deadlock. Local manufacturer in Xiao Shan didn’t give any change for the products’ prices and now one of them quoted FDY 61D/24F for 15200 Yuan/ton, DTY 75D/144F light web for 18200 Yuan/ton. The price keeps steady in Tong Xiang. One of the local manufacturer quoted FDY 150D/96F for 17400 Yuan/ton by cash. Manufacturers reported that yesterday’s production-marketing was over 100% and the inquiring atmosphere was good in the early market. 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 balanced and the inquiring atmosphere was good.