June 20th, 2012-Polyester Yarn Price Is Unchanged in Shengze, China

Today, the polyester yarn price keeps unchanged in Shengze. A local melt spinning manufacturer quoted semi-dull FDY 50D/48F at 13,000 Yuan/ton by cash. The cash quotations of DTY 75D/72F, DTY 150D/144F, bright FDY 75D/36F and FDY 50D/36D is 13,600 Yuan/ton, 11,900 Yuan/ton, 11,700 Yuan/ton and 13,000 Yuan/ton respectively. Now a local direct spinning manufacturer quoted DTY 75D/144F for 14,000 Yuan/ton and DTY 75D/72F for 13,600 Yuan/ton both by 6-month acceptance. FDY 50D/24F and 50D/48F is quoted 12,800 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 discount during trades.