July 11, 2011-The Polyester Yarn Price Is Adjusting in China

In Jiangsu Market, the polyester yarn slightly increased today. Local manufacturers in Shengze stabilized the quotations. A local direct spinning manufacturer quoted DTY 150D/144F for 17000 Yuan/ton (6-month acceptance). Another melt spinning manufacturer quoted FDY 50D/72F for 17400 Yuan/ton. The other manufacturer quoted light FDY 40D/24F for 16000 Yuan/ton and FDY 50D/48F for 15600 Yuan/ton by cash. Manufacturers reported that early inquiry was weak and the trading atmosphere is as usual. The polyester yarn price in Taicang keeps steady. One of the local manufacturers quoted POY 150D/144F for 14800 Yuan/ton and FDY 50D/24F for 15500 Yuan/ton. Manufacturers said trading volume in the early market was ordinary and the production-marketing was around 70% last weekend.

In Zhejiang Market, the polyester yarn price is mainly steady. Leading manufacturer in Xiao-Shao Area unchanged the quotations. Now one of the local manufacturer in Xiao Shan quoted DTY 150D/48F low-stretch for 16000 Yuan/ton and DTY 200D/96F for 15300 Yuan/ton and DTY 300D/96F low-stretch for 14800 Yuan/ton. Another manufacturer decreased the prices of major products by 50-100 Yuan/ton. Now they quoted POY 105D/36F for 15050 Yuan/ton, POY 135D/48F for 14300 Yuan/ton and POY 260D/48F for 13,700 Yuan/ton. A local manufacturer in Shao Xing quoted light FDY 50D/24F for 15400 Yuan/ton and FDY 68D/24F for 14600 Yuan/ton. Manufacturers reported that the production-marketing fell back but the overall situation was good. The polyester price in Tong Xiang is also steady. Now one of the leading manufacturer quoted POY 75D/72F for 15900 Yuan/ton, POY 150D/48F for 14000 Yuan/ton and POY 150D/144F 14600 Yuan/ton with acceptance. The manufacturer said the sales volume was in a normal level last weekend.