August 16, 2011- Supported By the Upstream Cost, the Polyester Yarn Price Is Mainly Consolidating in China

The polyester yarn price is mainly adjusting in Jiangsu Market. The quotations keep steady in Shengze market. A local melt spinning manufacturer quoted FDY 75D/144F for 16300 Yuan/ton by cash. Another local direct spinning manufacturer quoted FDY 50D/24F for 17000 Yuan/ton by acceptance. The third manufacturer quoted light FDY 40D/24F for 16500 Yuan/ton. The polyester yarn price is also consolidating in Taicang market. Now one of the local manufacturers quoted FDY 50D/24F for 16600 Yuan/ton by cash and POY 150D/144F for 15100 Yuan/ton by cash remittance. Manufacturers reported that the straddle attitude was strong in the downstream market.

The polyester yarn price is in stalemate in Zhejiang Market. Leading manufacturers in Xiao Shan stabilized the quotations. Now one of them quoted DTY 150D/48F low-stretch for 16300 Yuan/ton. Another POY manufacturer quoted POY 150D/144F for 14810 Yuan/ton. The polyester yarn prices keep steady in Shao Xing market, a local manufacturer quoted FDY 50D/24F for 16200 Yuan/ton and FDY 150D/96F for 13850 Yuan/ton by cash. The polyester yarn price is downtrend in Tong Xiang market. Now a local manufacturer decreased FDY products by 100 Yuan/ton generally. Now they quoted DTY 150D/144F for 14900 Yuan/ton. Manufacturers reported that the sales increased yesterday, but the production-marketing was still around 90%.

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