November 23, 2011- Polyester Yarn Price Is Unstable in China

The polyester yarn price is downtrend in Jiangsu. Prices decreased in Shengze. A leading direct spinning manufacturer decreased FDY products by 200 Yuan/ton and cut DTY products by 300-400 Yuan/ton generally. Now they quoted FDY 50D/24F for 13500 Yuan/ton and DTY 150D/144F for 14200 Yuan/ton. The local melt spinning manufacturer stabilized the quotations and quoted FDY 50D/48F for 13900 Yuan/ton by cash and bright DTY 150D/48F for 14200 Yuan/ton. The other manufacturer quoted bright FDY 40D/24F for 13900 Yuan/ton by cash and FDY 50D/48F for 13500 Yuan/ton. Another leading FDY manufacturer stabilized the quotations and quoted bright FDY 40D/24F for 13900 Yuan/ton and FDY 50D/48F for 13500 Yuan/ton. Some of POY products increased 50 Yuan/ton in Taicang. A local leading manufacturer quoted POY 150D/144F for 11500 Yuan/ton. Manufacturers reported that the sales were good and the production-marketing was around 150%.

 The polyester yarn price increased in Zhejiang market. A local manufacturer in Xiao Shan decreased rough denier of FDY products by 100-200 Yuan/ton generally and decreased the close price of POY products. Now they quoted FDY 150D/96F for 12000 Yuan/ton and POY 150D/48F for 11350 Yuan/ton. Another POY manufacturer increased the quotations of POY products by 50 Yuan/ton and quoted POY 100D/36F for 11100 Yuan/ton and POY 85D/36F for 11150 Yuan/ton. Manufacturer reported that yesterday’s production-marketing was balanced. The polyester yarn price is mainly steady in Shao Xing. A local leading manufacturer quoted FDY 150D/96F for 11600 Yuan/ton. The polyester yarn price is unchanged in Tong Xiang. Now a local leading manufacturer quoted POY 150D/48F for 12000 Yuan/ton and POY 150D/48F for 12000 Yuan/ton. Manufacturers said the production-marketing was around 95% and the inquiring atmosphere was good.