China Nylon Filament Market Daily (21 Feb 2011)

CCF Price
Semi-dull POY86Dtex/24F:　34,000yuan/mt　 +200
Semi-dull DTY70D/24F:　　　36,900yuan/mt　 +100
Semi-dull FDY70D/24F:　　　35,800yuan/mt　 +200

Market Review
As some imported chips were traded high last weekend, a few nylon 6 filament yarn offers were adjusted up greatly today. However, most producers maintained their offers steady while traded prices catching up gradually.

High-grade POY80Dtex/24F were traded steadily between 34000-35000yuan/mt, with average prices moving up to above 34500yuan/mt.

Offers of semi-dull FDY70D/24F were firm at 36000yuan/mt, with traded prices ranging between 35500-36000yuan/mt.

High-grade semi-dull DTY70D/24F were offered between 38500-39500yuan/mt, traded at the same level or slightly below. In the anticipation of an uptrend in feedstock market, several offers were lifted up to over 40000yuan/mt.

Plant operation
Producers ran an operation rate at around 90%, and product inventory was kept about 6 days.

($1=CNY6.57)

 

 

source:CCFGroup