China Nylon Filament Yarn Market Daily (11 Nov 2010)

CCF Price
Semi-dull POY86Dtex/24F:　28,800yuan/mt　　 +400
Semi-dull DTY70D/24F:　　　31,800yuan/mt　　 +300
Semi-dull FDY70D/24F:　　　30,500yuan/mt　　 +300

Nylon 6 filament yarn market maintained a firm uptrend today. Some big plants in Fujian and Zhejiang suspended offering.

The trading prices of high-grade POY86Dtex/24F were mixed, mainstream at 29500yuan/mt and lower-grade goods at 27500-28000yuan/mt. A few small-amount deals were required at higher rates.

Producers of semi-dull FDY 70D/24F for warp weaving widely revised offers up to 31800-32500yuan/mt, a few even higher. Some plants stopped offering or talked with buyers directly. The previous trading prices were at 30500-31000yuan/mt. Producers of FDY for jet spinning suspended offering, semi-dull FDY70D/24F for jet spinning traded at 30500yuan/mt yesterday.

Some DTY plants lifted high-grade semi-dull DTY70D/24F offers up to 33500-34000yuan/mt with a few offers even higher. But market trading prices were mixed.

($1=CNY6.62)