November 17, 2011- Polyester Yarn Price Is Unstable in China

The polyester yarn price is steady in Jiangsu market. A leading direct spinning manufacturer in Shengze unchanged the prices and quoted FDY 50D/24F for 13900 Yuan/ton, FDY 50D/48F for 14000 Yuan/ton and DTY 150D/144F for 14700 Yuan/ton. Another melt spinning manufacturer stabilized the quotations and quoted FDY 150D/48F for 12900 Yuan/ton and bright FDY 50D/36F for 15000 Yuan/ton. Manufacturers reported that yesterday’s production-marketing dropped to 60%-80%. Polyester yarn prices went steady in Taicang. A local leading manufacturer quoted POY 135D/72F for 11500 Yuan/ton and FDY 50D/24F for 13200 Yuan/ton. Manufacturers reported that the inquiring atmosphere got weak in the early market.

The polyester yarn price is steady in Zhejiang market. A local manufacturer in Xiao Shan increased 75D to 120D series of FDY products by 100 Yuan/ton and quoted FDY 75D/36F for 12700 Yuan/ton and FDY 75D/75F for 12600 Yuan/ton. Another POY manufacturer decreased the quotations by 100-200 Yuan/ton and quoted POY 75D/36F for 11250 Yuan/ton and POY 150D/144F for 11350 Yuan/ton. Manufacturers reported that yesterday’s production-marketing fell to 40%. The polyester yarn price is mainly steady in Shao Xing. A local leading manufacturer quoted FDY 66D/24F for 13400 Yuan/ton. Manufacturers reported that the sales weakened and the production-marketing dropped to 80%. The polyester yarn price is steady in Tong Xiang. Now a local leading manufacturer quoted DTY 150D/48F for 13400 Yuan/ton, DTY 150D/144F for 14400 Yuan/ton, POY 150D/48F for 12000 Yuan/ton and POY 150D/144F for 12650 Yuan/ton. Manufacturers said today’s inquiries were less than previous days.