November 28, 2011- Polyester Yarn Price Is In Consolidation in China

    The polyester yarn price is steady in Jiangsu. A leading direct spinning manufacturer in Shengze decreased some of DTY products by 100 Yuan/ton and now they quoted DTY 150D/48F for 14700 Yuan/ton and FDY 50D/24F for 13500 Yuan/ton. The local melt spinning manufacturer stabilized the quotations and quoted FDY 50D/48F for 13700 Yuan/ton by cash and DTY 150D/48F light web for 13900 Yuan/ton. Manufacturers reported that the inquiring atmosphere was weak on market. The prices are also steady in Taicang. A local leading manufacturer quoted POY 150D/144F for 11550 Yuan/ton and FDY 50D/24F for 13000 Yuan/ton. Manufacturers reported that the production-marketing was around 50-60% during the weekend.

    The polyester yarn price is in stalemate in Zhejiang market. A local manufacturer in Xiao Shan stabilized the quotations and quoted DTY 150D/48F light web for 13700 Yuan/ton and FDY 150D/96F for 12000 Yuan/ton by acceptance. Another POY manufacturer increased some of the products by 50 Yuan/ton and quoted POY 150D/48F for 11350 Yuan/ton. Manufacturer reported that the production-marketing was around 60-70% during the weekend. The polyester yarn price is also steady in Shao Xing. A local leading manufacturer decreased FDY 75D/144F for 12800 Yuan/ton and FDY 150D/96F for 11600 Yuan/ton. Manufacturers reported the sales were as normal in the weekend. The polyester yarn price is unchanged in Tong Xiang. Now a local leading manufacturer quoted POY 150D/144F for 12750 Yuan/ton and DTY150D/48F for 13400 Yuan/ton. Manufacturers said the production-marketing was around 90%.