China Nylon Filament Yarn Market Daily (8 Dec 2010)

CCF Price
Semi-dull POY86Dtex/24F:　29,500yuan/mt　　 -50
Semi-dull DTY70D/24F:　　　32,900yuan/mt　　　 0
Semi-dull FDY70D/24F:　　　31,900yuan/mt　　　 0
Market Review
High-grade POY86Dtex/24F was traded at 30000-31000yuan/mt but market sentiment for lower-grade goods presented relatively quiet. Trading prices of lower-grade POY86Dtex/24F ticked down to 27800-28200yuan/mt with some brands lower.

Producers of FDY for jet spinning focused on previous orders recently and inventory in small plants began to increase moderately. New orders of FDY for warp weaving were also scarce but offers kept stable. Semi-dull FDY70D/24F for warp weaving was traded at 32000-34000yuan/mt with semi-dull 40D/12F at 34500-35500yuan/mt.

Selling rates of high-grade semi-dull DTY70D/24F held firm at 34000-34500yuan/mt with some brands required at above 35000yuan/mt. A few suppliers offered discounts for deals. Medium-grade goods prevailed at 33000-33500yuan/mt but higher-priced deals gradually faded out.

Plant operation
NFY O/R kept at 92% with inventory at 11.5 days.

($1=CNY6.66)