China Nylon Filament Yarn Market Daily (30 Nov 2010)

CCF Price
Semi-dull POY86Dtex/24F:　29,600yuan/mt
Semi-dull DTY70D/24F:　　　33,000yuan/mt
Semi-dull FDY70D/24F:　　　32,000yuan/mt

Market Review
Nylon 6 filament yarn market kept a weak look and plants still focused on completing previous orders.

Higher-grade POY86Dtex/24F was traded firmly at 30000-31000yuan/mt and 39Dtex/12F at 32500-33500yuan/mt. Medium-grade goods were sold at 29500-30000yuan/mt and lower-grade goods at 28000-28500yuan/mt. Some plants offered 100-200yuan/mt discounts for sales promotion.

Semi-dull FDY 70D/24F was stably offered at 32500-33000yuan/mt and previously traded at 32000yuan/mt but new orders were scarcely seen.

High-grade semi-dull DTY70D/24F was offered firmly at 34500-35500yuan/mt and traded at 34000-34500yuan/mt with some brands required higher at 35500yuan/mt but few deals heard done. Medium-grade cargos were traded at 33500yuan/mt.

Plant operation
NFY O/R kept at slightly above 90%. Supported by orders, NFY sales ratio was balance with inventory at 11 days. But NFY inventory is expected to inch up this week due to quiet trading sentiment.

($1=CNY6.68)