China Nylon Filament Yarn Market Daily (4 May 2011)

CCF Price
Semi-dull POY86Dtex/24F:　34,200yuan/mt　 -100
Semi-dull DTY70D/24F:　　　37,400yuan/mt　 -100
Semi-dull FDY70D/24F:　　　35,000yuan/mt　 0

Market Review
NFY market remained in weak condition still.

In POY market, high-grade 86Dtex/24F was traded lower to 35000yuan/mt, or slightly lower, mainly due to sluggish demand and increasing inventory. The price range of 86Dtex/24F was 32000-32500yuan/mt, concentrating at 3230yuan/mt or slightly lower, payment.

As to FDY market, jet spinning market saw price slipping still. Semi-dull 70D/24f were traded at 35000yuan/mt or slightly lower. In warp weaving market, semi-dull 70D/24F was traded at 35500-36000yuan/mt, and semi-dull 40D/12F was at 37500-38000yuan/mt. Low buying interest dragged prices down, and currently spot prices in market were mixed with a few lower.

In DTY market, high-grade semi-dull 70D/24F was traded lower at 38000-38500yuan/mt, with a few higher.

Plant operation
Plant operation rate was at around 90.5%, and plant inventory lifted up to 21days.

($1=CNY6.50)