China Polyester Filament Yarn Market Daily(10 Jan 2011)

CCF Price
POY75/72F　　　15100-15750
POY150D/48F　　13000-13500
FDY68D/24F　　 16000-16400
FDY150D/96F　　13000-13400
DTY75D/72F　　 17500-19000
DTY150D/48F　　14300-14700

Zhejiang
PFY prices on Zhejiang market tended stable today with moderate sales. As downstream plants have prepared certain amount of stocks, trading volume may shrink later. But PFY plants did not suffer inventory pressure and may still focus on selling goods.

Jiangsu
Jiangsu offers held stable as well and sales ratio lingered around 60-80% with a few lower than 50%. Downstream plants began to wait and see and inactive to stock up.

PFY sales ratio in Zhejiang and Jiangsu was at 70-90% with higher ones at 100% but lower ones at 50-60%. PFY market may consolidate with small shivers in the short term.

Fujian
PFY offers in Fujian generally kept stable. The mainstream prices of POY, FDY and DTY75/72 were pegged at 15400, 16500 and 19500-19600yuan/mt. Trading volume declined and sales softened consequently. PFY market may hold stable in the short term.

Downstream Operation
O/R in Shengze region was at 80% while run rates in Xiaoshan/Shaoxing region stable at 30% and Fujian region kept at 30-40%.

($1=CNY 6.63)