Polyester Filament Yarn Market Morning Express (Dec 8, 2010)

PFY prices mainly maintain stable this morning though a few varieties tick down on relatively weak sales. Plants are still active to reduce inventory.

In Xiaoshan and Shaoxing, some plants cut some higher POY down 100. DTY and POY150D are offered at 14200-14500 and 12500-12700yuan/mt.

Tongxiang, Taicang plants continue to offer stably. One Shengze direct spinner revises DTY offers up 100. Trading sentiment presents moderate.

In Fujian, POY, FDY and DTY150D are pegged stably at 12900-13000, 13000-13100 and 14700yuan/mt.

$1=CNY 6.66

source:CCFGroup.com