China Nylon Filament Market Daily (17 Jan 2011)

CCF Price
Semi-dull POY86Dtex/24F:　30,200yuan/mt　　 +200
Semi-dull DTY70D/24F:　　　33,400yuan/mt　　+200
Semi-dull FDY70D/24F:　　　32,400yuan/mt　　+300

Market Review
During weekend till today, nylon raw materials kept strong thus nylon filament yarn producers gave firm prices and some continued lifting offers up. Plants widely controlled sales volume.

High-grade POY86Dtex/24F was offered higher at 31500yuan/mt and mainly traded at 31000yuan/mt or slightly above. Medium-grade products were offered at 30000-30500yuan/mt and traded at 30000yuan/mt.

Offers for semi-dull FDY70D/24F ticked up to 33000yuan/mt or slightly above. Plants controlled selling volume under cost pressure, unwilling to sell at below 32500yuan/mt and some required at above 33000yuan/mt.

High-grade semi-dull DTY70D/24F was offered at 35000-35500yuan/mt and trading prices gradually followed up to 34500-35000yuan/mt with a few brands at higher rates.

Plant operation
Average NFY O/R kept at 86% and NFY inventory index at about half a month.

($1=CNY6.59)