Polyester Filament Yarn Market Morning Express (Dec 9, 2010)

PFY market mainly holds stable though some bad-sale varieties head down further.

In Xiaoshan and Shaoxing, POY, DTY and FDY150D are prevailingly traded at 12500-12700, 14200-14500 and 12500-12800yuan/mt. One Shaoxing plant revises finer FDY offers down 200, 50/24, 68/24 and 150D at 18200, 17000 and 12700yuan/mt.

Tongxiang, Taicang and Shengze producers continue stable offers but buyers keep to wait and see.

$1=CNY6.67

source:CCFGroup.com