July 17th, 2012-FDY Increased by 100 Yuan/ton in Shengze, China

Today, a local direct spinning manufacturer increased the price of FDY products by 100 Yuan/ton generally. Now they quoted FDY 75D/24F at 12,400 Yuan/ton by 6-month acceptance. The 6-month acceptance quotations of FDY 50D/36F, 50D/48F, DTY 100D/144F, and DTY 150D/144F are 11,600 Yuan/ton, 12,700 Yuan/ton, 12,800 Yuan/ton, 12,800 Yuan/ton and 11,700 Yuan/ton respectively.