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China Nylon Filament Yarn Market Daily (Mar 24, 2011)

2011-3-25

CCF Price
Semi-dull POY86Dtex/24F: 34,800yuan/mt  +0
Semi-dull DTY70D/24F:   38,000yuan/mt  -200
Semi-dull FDY70D/24F:   36,500yuan/mt  +0

Market Review
Today, trading sentiment for NFY was still light.

In POY market, high-grade 86Dtex/12F was offered at 36000yuan/mt, and traded prices were firmly at around 35500yuan/mt, with medium-grade prices at 34500-35000yuan/mt, and low-grade prices at around 33500-34000yuan/t. 39Dtex/12F was mainly traded at 37500-38000yuan/mt.

As to FDY market, semi-dull 70D/24F for jet spinning was firmly traded at 36500yuan/mt of only some scattered orders. Producers were supported by previous orders temporarily. Semi-dull 70D/24F for warp weaving was traded at 37000-37500yuan/mt.

As to DTY market, high-grade semi-dull 70D/24F was traded at 39000-39500yuan/mt. The on-going prices were quite mixed and plant inventory was piling. Medium-grade product was traded at 38000-39000yuan/mt, and mainstream trading prices were at 38500yuan/mt, and low-grade at around 36000yuan/mt

Plant operation
Plant operation rate today stayed at around 94%. Plant inventory gradually lifted up to 7.3days.

($1=CNY6.56)

Source:CCFGroup
 
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