June 19th, 2012-Polyester Yarn Price Increased in Shengze, China

Today, the polyester yarn price slightly increased in Shengze. Now a local direct spinning manufacturer increased the price of some DTY products by 100 Yuan/ton. Now DTY 75D/144F is quoted 14,000 Yuan/ton and DTY 75D/72F is quoted at 13,600 Yuan/ton both by 6-month acceptance. FDY 50D/24F, DTY 150D/144F and DTY 50D/48F is quoted 12,800 Yuan/ton, 11,400 Yuan/ton and 13,000 Yuan/ton separately. Another FDY manufacturer stabilized the quotations and quoted semi-dull FDY 50D/48F at 12,000 Yuan/ton and bright FDY 50D/36F at 12,400 Yuan/ton both by cash. There is still 100-200 Yuan/ton discount during trades.