The Polyester Price Tends To Be Weak Today In China

　　The polyester yarn price is mainly steady in Jiangsu Market. The local manufacturers all keep the quotations unchanged in Shengze. Now a direct spinning manufacturer quoted FDY 50D/72F for 17,400 Yuan/ton and FDY 75D/72F for 15,800 Yuan/ton. Another melt spinning manufacturer quoted light web DTY 75D/144F for 19,500 Yuan/ton, DTY 100D/144F light web for 18,200 Yuan/ton and DTY 150D/288F light web for 17,000 Yuan/ton. Manufacturers all reported that although the sales volume fell back these days, there was scarcely any stock pressure and the storage was around one-week amount. The polyester price is in stalemate in Taicang. One of the local manufacturers quoted FDY 50D/24F for 15,900 Yuan/ton by cash and POY 150D/144F for 15,000 Yuan/ton by cash. Manufacturers reported that the storage was around 10-day and they had no pressure.

　　The polyester yarn price is steady overall. A local POY manufacturer in Xiao Shan unchanged most of the products and only increased some specifications by 100 Yuan/ton. Now they quoted POY 75D/72F for 15,700 Yuan/ton and 150D/48F low-stretch for 16,300 Yuan/ton. One manufacturer in Tong Xiang generally decreased the products’quotations by 100 Yuan/ton. Now they quoted DTY 150D/48F for 16,050 Yuan/ton and POY 150D/144F for 15,050 Yuan/ton. The manufacturer said that yesterday’s production-marketing stayed at 90%.

　　At present, the production-marketing of the polyester yarn manufacturers is good. Downstream weaving manufacturers is successionally stocking up. Although the buying force of the downstream weaving manufacturers is weakening, it makes the production-marketing stay at a nice level. Therefore, it is predicted that the polyester yarn price will have a run of slight decrement.