July 27th, 2012-A Direct Spinning Manufacturer Increased the Quotations in Shengze, China

Today, a local direct spinning manufacturer greatly increased the price of the goods. FDY products are increased by 200-400 Yuan/ton and some of the DTY products are also upgraded. Now they quoted FDY 50D/24F and FDY 50D/48F both at 13,200 Yuan/ton with 6-month acceptance. DTY 150D/48F is quoted at 12,300 Yuan/ton with 6-month acceptance.