Polyester Yarn Price Showed Firm Tendency in Shengze Market, China

Today, the polyester yarn price showed firm tendency in Shengze, China. Now a direct spinning manufacturer quoted FDY 50D/24F for 15500 Yuan/ton with 6-month acceptance. DTY 150D/144F is quoted 15100 Yuan/ton with 6-months acceptance. Another melt spinning manufacturer quoted bright FDY 50D/36F for 16800 Yuan/ton and semi-dull FDY 50D/24F for 15600 Yuan/ton. Another FDY manufacturer quoted FDY 50D/48F for 14500 Yuan/ton by cash and bright FDY 50D/36F for 14700 Yuan/ton. Manufacturers reported the downstream market still showed wait-and-see attitude and the production-marketing fell to 50-70% yesterday.