November 29, 2011- Polyester Yarn Price Is Weak in China

    The polyester yarn price is in stalemate in Jiangsu market. A leading direct spinning manufacturer in Shengze quoted DTY 150D/48F for 14700 Yuan/ton and FDY 50D/24F for 13500 Yuan/ton. The local melt spinning manufacturer quoted DTY 150D/48F light web for 13900 Yuan/ton. The third manufacturer quoted bright FDY 40D/24F for 13900 Yuan/ton and FDY 50D/48F for 13500 Yuan/ton. Manufacturers reported that yesterday’s production-marketing was around 40-60%. 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 balanced yesterday.

    The polyester yarn price is as normal in Zhejiang market. A local manufacturer in Xiao Shan decreased some of POY products by 100 Yuan/ton and quoted POY 150D/48F for 11250 Yuan/ton and POY 100D/36F for 11100 Yuan/ton. Another local manufacturer quoted DTY 150D/48F light web for 13700 Yuan/ton and FDY 150D/96F for 12000 Yuan/ton by acceptance. Manufacturers reported the production-marketing was around 60-70% yesterday. 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. 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 over 100% and the inquiring atmosphere was good.