Nylon Filament Yarn Market Daily (Dec 30, 2010)

CCF Price
Semi-dull POY86Dtex/24F:　29,400yuan/mt
Semi-dull DTY70D/24F:　　　32,800yuan/mt
Semi-dull FDY70D/24F:　　　31,400yuan/mt

Market Review
Trading prices of high-grade POY86Dtex/24F remained at around 30500yuan/mt. Medium-grade products were sold at 29500yuan/mt and lower-grade goods at 27800-28200yuan/mt.

Semi-dull FDY70D/24F for jet spinning was traded stably at 31000-31500yuan/mt with semi-dull FDY70D/24F for warp weaving at 31500-33000yuan/mt. The mainstream trading prices of semi-dull FDY70D/24F were pegged at 32000-32500yuan/mt and 40D/12F at 34500-35000yuan/mt with a few brands higher.

Selling rates of high-grade semi-dull DTY70D/24F held stable at 34000-34500yuan/mt, medium-grade goods at 33000yuan/mt and lower-grade goods at 30000yuan/mt or slightly above.

Plant operation
Some Shandong plants which halted under power ration resumed production. Plants in Jiangsu, Zhejiang, Guangdong, etc. suffered impact from labor shortage and some plants lowered operating rates. Generally NFY O/R kept stable at 90% with inventory index up a bit to 13.4 days.

($1=CNY6.62)