China Polyester Filament Market Daily(17 Jan 2011)

CCF Price
POY75/72F　　　15700-16400
POY150D/48F　　13700-14000
FDY68D/24F　　 16600-16800
FDY150D/96F　　13600-14000
DTY75D/72F　　 18500-19500
DTY150D/48F　　14900-15400

Zhejiang
Zhejiang prices basically kept stable while a few plants revised some lower offers up. Besides, some hot-sale or tight-inventory products gained small increases as well. But sales ratio remained low though POY achieved a flat percentage with FDY and DTY at 40-50%. Downstream purchasing activity softened under rising prices.

Jiangsu
Jiangsu prices held stable as well despite small increases. One Shengze direct spinner revised offers up 100-200yuan/mt. Market sentiment presented tolerable with lowering sales ratio. Downstream plants showed wait-and-see attitude.

PFY sales ratio in Zhejiang and Jiangsu was at 40-60% with higher ones at 70-80% but lower ones at 30%. Downstream plants started to wait and see based on certain stocks.

Fujian
Fujian prices ruled a stable stance. DTY75/72 prevailed at 20300-20400yuan/mt with lower offers at 19800yuan/mt. DTY150/48 were pegged at 15600yuan/mt with higher ones at 16300yuan/mt. PFY sales shrank with sales ratio mainly at 50-70%. PFY prices may shiver within a small range in the short term.

Downstream Operation
O/R in Shengze region was at 80% while run rates in Xiaoshan/Shaoxing region stable at 30% and Fujian region kept at 30-40%.

($1=CNY 6.59)

source:CCFGroup