Polyester Filament Yarn Market Morning Express (Nov 2, 2010)

Polyester filament yarn market firms this morning with POY offers up by 100yuan/mt and DTY up by 100-300yuan/mt. Some fine denier and bright FDY offers increase 50-100yuan/mt. The trading sentiment is favorable.

In Xiaoshan and Shaoxing, most producers raise offers by 50-100yuan/mt with POY and DTY150D at 12400-12700 and 13900-14200yuan/mt. FDY offers are mostly stable with some fine denier up 50-100yuan/mt. FDY 68/24 and 75/72 are traded at 16200-16600 and 15200-16200yuan/mt.　

In Taicang, major producer lift POY offers by 100yaun/mt with POY150/144 at 13550yuan/mt. In Tongxiang, POY offers increase 100yuan/mt, while FDY and DTY prices are stable. In Shengze, one producer increases FDY and POY offers by 100yuan/mt and DTY offers up by 100-200yuan/mt. In Wujiang, one producer revises bright FDY offers by 100yuan/mt and DTY offers by 100-300yuan/mt.

In Wuxi, FDY offers are maintained and some producers raise coarse denier FDY offers by 100yuan/mt with 150/96 and 200/96 at 13100 and 12900yuan/mt.

$1=CNY6.69

source:CCFGroup.com