June 6, 2012- PFY Price Declines in Xiao Shan, China

168tex News: Today the price of polyester yarn declines in Xiao Shan, China. The quotation of FDY product falls 200-300 Yuan/ton in a local leading manufacturer and others are unchangeable. Now the quotation of FDY66D/24F is 11,900 Yuan/ton, FDY150D/96F is 10,200 Yuan/ton, DTY150D/48F is 11,800 Yuan/ton and POY75D/36F is 11,450 Yuan/ton. In addition, the quotation drops 300 Yuan/ton in another POY factory, but it cancelled the preferential in previous period, now the cash quotation of POY100D/36F is 10,100 Yuan/ton and POY150D/144F is 10,000 Yuan/ton.