October 8, 2011- Supported by Cover, Polyester Yarn Price Keeps Steady in China

The polyester yarn price keeps steady in Jiangsu Market today. Local manufacturers in Shengze stabilized the quotations. Now a leading direct spinning manufacturer quoted FDY 50D/24F for 17300 Yuan/ton by 6-month acceptance and DTY 150D/144F for 17000 Yuan/ton. Another manufacturer quoted light FDY 40D/24F for 17000 Yuan/ton and semi-dull FDY 50D/48F for 16200 Yuan/ton. Manufacturers all reported that the activity of cover in the downstream market increased obviously and the production-marketing was balanced. The polyester yarn price is stable in Taicang market. Now a local polyester yarn manufacturer quoted POY 75D/72F for 15000 Yuan/ton and POY 150D/144F for 14200 Yuan/ton. Manufacturers in Taicang reported that the inquiring atmosphere was good in the early market. The polyester yarn price is stable in Wuxi Market. Local leading manufacturers stabilized the quotations and gave 100-300 Yuan/ton discount in real trades. Now light FDY 50D/36F was quoted 15700 Yuan/ton by cash and semi-dull FDY 61D/24F was quoted 15500 Yuan/ton. Manufacturers said the sales were as usual.