Poly Fiber Production and Marketing Rebound Load Shedding Result in Supply Intense
Author: Mar 30, 2011 10:02
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29th Mar Commerce Department China·Shengze Silk & Chemical Fiber Index Comment
On Tuesday, Commerce Department China·Shengze Silk & Chemical Fiber Index, the general index increased 0.08 points in compare with Monday, which is closed at 98.82 points, of which, chemical fabric index increase 0.06 points, closed at 97.66 points, and chemical fiber index is closed at 101.35 points, increased 0.07 points.
Today, loom operation rate keeps the line with that of the previous day. Warp-knitted loom operation is at 90% or so. Under the influence of load shedding, the dyeing factory has to prolong its process time, which brought about tension to the hot selling goods. Meanwhile, boosted by the rising marketing trend, some best sellers continue to rise its sales volume. See from general order quantity, today, fabric marketing trend raised to a small degree. See from products, Poly Taffeta, Poly Pongee, Poly Peach Skin, Poly Suede and silk typed fabrics sales well in Shengze market today. Particularly, 105D*150D Warp Knitted Suede increased its sales volume distinctively, which is mainly used for sofa, decoration, women’s spring and autumn dress, and also can be used as curtain after printing. At present, this kind of fabric has a big market both at home and abroad. It is mainly sold to developed countries like Europe and America, the latest quotation is between 5.40-5.75CNY/m.
See from chemical fiber, currently, for the bare possibility of PTA demand rebound, and the high possibility of material price mark down, PTA after market is expected to be slack. Now PTA cash take price is quoted at 11500CNY/t, and its strike price is at 11450-11500CNY/t.
On poly fiber, today, poly fiber price keeps steady on Shengze market. Now, POY 150D/144F is quoted at 15400CNY/t, POY75D/72F is quoted at 17100CNY/t, FDY50D/24F is quoted at 19600CNY/t. and DTY 150D/48F is quoted at 18000CNY/t. See from the quotation trend, poly fiber price is expected to rise up in a short term for the low stock in the weaving factories and the very time of the end of the month when companies make ticket adjustment, in spite of slack market situation of poly material.
Index Fluctuation Ranking Today
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Editor: Candy From: 168Tex.com
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