China Nylon Filament Yarn Market Daily (14 Apr 2011)

CCF Price
Semi-dull POY86Dtex/24F:　34,700yuan/mt　 +0
Semi-dull DTY70D/24F:　　　37,900yuan/mt　 +0
Semi-dull FDY70D/24F:　　　36,400yuan/mt　 +0

Market Review
The fire accident of CPDC's Kaosiung CPL plant had not stimulated market up, and nylon feedstock market was still in a depressed mood. Buying interest for NFY kept low and trading prices presented mixed now.

POY market remained in place temporarily, high-grade 86Dtex/12F was traded at around 35500yuan/mt, and medium-grade mainstream prices were kept at 34500yuan/mt or slightly higher. Low-grade products kept at 33500-34000yuan/mt.

In FDY market, semi-dull 70D/24F for jet spinning was traded at 36500yuan/mt or slightly below. As to the warp weaving market, semi-dull 40D/12F spot price retreated to 39500-40000yuan/mt, and a few sources were lower due to selling pressure.

As to DTY market, high-grade semi-dull 70D/24F was traded at 38500-39500yuan/mt, with previous higher level disappearing. Medium-grade was traded at 38000-38500yuan/mt, with a few lower.

Plant operation
Plant operation rate lowered to around 92.8%, and plant inventory lifted up to 9.6days.

($1=CNY6.53)