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The polyester yarn price is mainly stable in Shengze, China today. Local manufacturers’ quotations keep unchanged. Now A local direct spinning manufacturer quoted FDY 50D/24F for 19, 200 Yuan/ton (6 Months Acceptance) and DTY 75D/144F 21,300 Yuan/ton. Another local melt spinning manufacturer quoted low-stretch DTY 150D/48F for 17,800 Yuan/ton. And the other manufacturer quoted spot exchange of FDY 50D/48F for 18, 800 Yuan/ton and light FDY 40D/24F 19,500 Yuan/ton. Manufacturers reported that there was no big change for the production-marketing and their intention to regulate the price was not strong. The polyester yarn price keeps steady in Taicang, China. The local manufacturers stabilized the quotations. Now one of them quoted FDY 50D/24F for 19, 000 Yuan/ton (Spot Exchange) and POY 75D/72F is quoted 17, 350 Yuan/ton (Spot Exchange). Manufacturers said the sales had some increment yesterday, the production-marketing was around 70% and their storage was around 10-day amount.
The polyester yarn prices are mainly consolidating in Xiao-Shao Market, China. The local mainstream manufacturers’ quotation keeps unchanged. Now a local manufacturer in Xiao Shan quoted FDY 68D/24F for 17,900 Yuan/ton and low-stretch DTY 75/36 20,200 Yuan/ton. Another POY manufacturer quoted POY 75D/144F 17,560 Yuan/ton and POY 75D/72F 16,710Yuan/ton. One manufacturer in Shao Xing quoted light FDY 75D/36F for 16,900 Yuan/ton and FDY 68D/24F 17,500 Yuan/ton. Among the manufacturers, who offer moderate prices have good production-marketing, while those who offer comparatively high prices still have low ones. The polyester price keeps steady in Tong Xiang Market. Now one of the local manufacturers quoted POY 150D/144F for 15,400 Yuan/ton and low-stretch DTY 150D/48F 16,500 Yuan/ton. The manufacturer said the production-marketing raised back a little to 100%.
Although the contract 1105, the main force PTA futures in ZCE, closed at 11,828 Yuan/ton yesterday, which dramatically increased 456 Yuan/ton compared with last trading day; the polyester raw material price is basically steady. In PTA East China spot market, the buy offering keeps steadily around 11,500-11,550 Yuan/ton and the negotiated price is around 11,450 Yuan/ton. Compared with last week, the sell offering of PTA Taiwan goods slid down 10 dollars/ton to 1,470-1,480 dollars/ton; and the offering of the Korean goods also slid down 10 dollars to 1,460 dollars/ton. The spot exchange closing price that including 3-month acceptance and delivery of semi-light chips in Jiangsu-Zhejiang keeps at 13,700 Yuan/ton. The closing price of the light chips’ spot exchange including 3-month short trip delivery also stays at 13,600 Yuan/ton. However, the straddling attitude is strong in the downstream market, even the highest production-marketing of the polyester yarn was only slightly over 100% in Jiangsu-Zhejiang Market; so the manufacturers still focus on the amount rather than the price, which means the polyester yarn price is hard to change.
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