November 21, 2011- Polyester Yarn Price tends to be Weak in China

The polyester yarn price is steady in Jiangsu. A leading direct spinning manufacturer in Shengze unchanged the prices and quoted FDY 50D/24F for 13700 Yuan/ton and DTY 150D/144F for 14500 Yuan/ton. Another melt spinning manufacturer stabilized the quotations and quoted FDY 50D/48F for 14300 Yuan/ton by cash and bright FDY 50D/36F for 15100 Yuan/ton. The other manufacturer quoted bright FDY 40D/24F for 13900 Yuan/ton by cash and FDY 50D/48F for 13500 Yuan/ton. Manufacturers reported that yesterday’s production-marketing was over 100%. Polyester yarn prices kept steady in Taicang. A local leading manufacturer quoted POY 150D/144F for 11500 Yuan/ton and FDY 50D/24F for 13200 Yuan/ton. Manufacturers reported that the production-marketing was around 70-80% during last weekend.

The polyester yarn price is in stalemate in Zhejiang market. A local manufacturer in Xiao Shan decreased DTY products by 300 Yuan/ton generally and decreased 75D to 150D series of POY products by 450Yuan/ton and 200D to 450D by 400 Yuan/ton. Now they quoted FDY 75D/36F for 12100 Yuan/ton and DTY 75D/144F for 15900 Yuan/ton. Another POY manufacturer stabilized the quotations and quoted POY 75D/36F for 11250 Yuan/ton and POY 150D/144F for 11350 Yuan/ton. 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 production-marketing dropped to 30-50% during the weekend. The polyester yarn price is unchanged 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.