China Nylon Filament Yarn Market Daily (1 Apr 2011)

CCF Price
Semi-dull POY86Dtex/24F:　34,800yuan/mt　 +0
Semi-dull DTY70D/24F:　　　38,000yuan/mt　 +0
Semi-dull FDY70D/24F:　　　36,500yuan/mt　 +0

Market Review
Affected by the newly released exchange control policy, traders in nylon market worried about tighter capital capacity. CPL prices dropped slightly today, and NFY trading sentiment was still low.

In POY market, high-grade 86Dtex/12F was traded at around 35500yuan/mt, and medium-grade prices were at35000yuan/mt, with only a few at lower level. Low-grade product kept at 33500-34000yuan/mt.

In FDY market, semi-dull 70D/24F for jet spinning was firmly traded at 36500yuan/mt, and producers held mood steady as the current sales condition was normal. Semi-dull 70D/24F for warp weaving was traded at 37000yuan/mt or slightly higher, and semi-dull 40D/12F at around 40000yuan/mt.

As to DTY market, high-grade semi-dull 70D/24F was traded at 39000yuan/mt or slightly higher.　Medium-grade was traded at around 38500yuan/mt and low-grade kept at 35500-36000yuan/mt, with a few required higher.

Plant operation
Plant operation rate stabilized itself at around 93.7%. Plant inventory lifted up slightly to 8days.

($1=CNY6.55)