China Nylon Filament Yarn Market Daily (15 Dec 2010)

CCF Price
Semi-dull POY86Dtex/24F:　29,500yuan/mt
Semi-dull DTY70D/24F:　　　32,900yuan/mt
Semi-dull FDY70D/24F:　　　31,900yuan/mt

Market Review
Higher-grade POY prices largely kept stable while lower-grade POY experienced small decreases, tending stable. Trading prices of higher-grade POY86Dtex/24F ruled still at 29500-31000yuan/mt and lower-grade goods at 27800-28200yuan/mt.

The mainstream offers of semi-dull FDY70D/24F were pegged at 32500yuan/mt with trading prices stable at 31500-32000yuan/mt. New deals were scarcely heard.

Selling rates of high-grade semi-dull DTY70D/24F held stable at 34000-34500yuan/mt with a few higher at above 35000yuan/mt. Medium-grade goods prevailed at 32500-34000yuan/mt, mainly at 33000-33500yuan/mt.

Plant operation
NFY O/R kept at 92%. New deals were few but orders secured a balanced sales ratio. However, some plants who finished or going to finish orders saw increasing inventory. Thus inventory index inched up to 12 days.

($1=CNY6.66)