Polyester Filament Yarn Market Report
PFY market maintains stable this morning and a few plants cut POY and FDY down 50-150yuan/mt. Discounts are widely available and producers perform actively to sell goods.
In Xiaoshan and Shaoxing, POY and DTY150D are prevailingly pegged at 10300-10700 and 12200-12500yuan/mt. One Xiaoshan plant offers black chip-spun POY150/48, 200/96 and 300/96 at 11100, 11000 and 11000yuan/mt respectively. However, FDY moves down by 50-150yuan/mt, 75/72, 100/48 and 150D at 14550-14800, 12800-13100 and 11300-11500yuan/mt.
In Tongxiang, Taicang and Shengze, PFY offers hold stable as well. Taicang-origin heavy intermingled DTY75/36 and 75/72 are offered at 14900-15100 and 15800-16100yuan/mt.
Fujian producers release steady offers and FDY prices are higher than Jiangsu and Zhejiang抯but predicted to move down. Wuxi plants offer FDY75/36 and 150/96 at 14300-14600 and 11300-11800yuan/mt.
($1=CNY6.80)