Polyester Filament Yarn Market Morning Express (Dec 7, 2010)

PFY market maintains stable with divergence of small range on some varieties. POY and hot-sale FDY tick up by 100 while finer FDY down 100-300. Though sales ratio rebounded recently, plants still focus on selling goods.

In Xiaoshan and Shaoxing, some plants lift offers up 50-100. POY and DTY150D are at 12500-12700 and 14200-14500yuan/mt. Some lower offers for hot-sale coarser FDY are revised up but finer FDY down 100-300. one Xiaoshan plant lifts POY and coarser FDY up 100, POY75/72 and 150/144 at 15050 and 13450yuan/mt.

One Shengze spinner lifts DTY up 100 and some FDY up 200-500. another spinner revises DTY up 100. Taicang prices hold stable, POY75/144 and 150/144 at 16150 and 14050yuan/mt.

($1=CNY6.66)

source:CCFGroup.com