China Nylon Filament Yarn Market Daily (6 Jan 2011)

CCF Price
Semi-dull POY86Dtex/24F:　29,500yuan/mt　　 +100
Semi-dull DTY70D/24F:　　　32,800yuan/mt　　　 0
Semi-dull FDY70D/24F:　　　31,400yuan/mt　　　 0

Market Review
Lower-grade products ticked up slightly and higher-grade products presented firm.

Trading prices of high-grade POY86Dtex/24F maintained firm at 30000-31000yuan/mt, mainly at around 30500yuan/mt. Medium-grade cargos were sold at 29500yuan/mt or lower. Lower-grade goods inched up to 28000-28500yuan/mt.

The mainstream trading prices of semi-dull FDY70D/24F for jet spinning held stable at 31000-31500yuan/mt with for warp weaving at 32000-32500yuan/mt.

Selling rates of high-grade semi-dull DTY70D/24F remained at 34000-34500yuan/mt and medium-grade goods at 33000yuan/mt or slightly above. Some brands were required at above 33500yuan/mt.

Plant operation
Generally NFY O/R kept stable at around 90% and NFY inventory index close to 14 days.

($1=CNY6.63)