Polyester Filament Yarn Market Morning Express (Dec 22, 2010)

PFY offers keep stable and trading volume enlarges slightly. Divergence occur on different varieties as hot-sale or low-offered descriptions tick up and bad-sale or high-profit descriptions move down a bit. Discounts are still favorable.

In Xiaoshan and Shaoxing, a few plants lift lower POY up 50-100yuan/mt. POY and DTY150D are offered at 12100-12400 and 13900-14200yuan/mt. Some plants cut finer FDY down, 75/36 and 150D at 14800-15000 and 12400-12600yuan/mt. Sales of coarse FDY remain smooth recently.

Tongxiang, Taicang and Shengze plants provide stable offers. In Fujian, POY, FDY and DTY150D are offered at 12200, 12600-12800 and 14200-14400yuan/mt respectively.

$1=CNY6.65

source:CCFGroup.com