Today’s Jiangsu-Zhejiang Market, Polyester Yarn’s Price Keeps Stable but Sells Smoothly

International oil market closed yesterday, but the upstream price of polyester raw material is still firm. The quotation of PTA spot market in the inner market of East China increased to10, 600 yuan/ton; the mainstream negotiated price was 10, 500 yuan/ton. The quotation of PTA Taiwan goods market in the outskirt incresed to 1, 360 dollars/ton, and the mainstream negotiated price was 1, 345-1, 350 dollars/ton. In East China, the semi-dull chips spot quotation rose to 12,800-12, 900 yuan/ton with 3-month Acceptance and delivery. The production and marketing of the polyester yarn manufacturers keeps stable; some good ones were closed to 200% yesterday. So today’s quotation of some manufacturers’ stock still has slight increase.

Today, the polyester yarn price keeps stable in Shengze Market, China. The local mainstream polyester yarn manufacturers’ quotations are unchanged. In the present market, the mainstream manufacturers quoted FDY50D/48F 18, 900 yuan/ton, POY75/ 72F 16, 500 yuan/ton, lustrous FDY75D/36F 17, 500 yuan/ton, DTY75D/72F 20, 200 yuan/ton.The polyester yarn price keeps steady in Taicang Market, China. A local manufacturer’s acceptance quotation of FDY50D/24F was 18, 200 yuan/ton, POY75D/75F 16, 250 yuan/ton. The manufacturers reported that the early inquiries of the downstream were good.

Today, a local mainstream polyester yarn manufacturer reported a 100-yuan common increase for FDY and the others unchaged; now 75/36 was quoted at 16, 300, 150/96 14, 100; and low-stretch DTY150D/48F was quoted 15, 400 yuan/ton, micro-web DTY150D/144F 16, 300 yuan/ton and other products’ quotations keep unchanged. The manufacturer said their production and marketing was good yesterday. Another POY manufacturer’s quotations keep stable; now POY 150D/144 was quoted 14, 000 yuan/ton and FDY75D/36F 15, 560 yuan/ton. And another mainstream manufacturer’s quotations keep stable too. They quoted POY 200D/96F 13, 750 yuan/ton. All the manufacturers reported that yesterday’s sales were good and the basically be balanced with production. Today, the polyester yarn price keeps stable in Tongxiang Market, China. The local mainstream polyester manufacturers’ quotations were steady. Now a manufacturer quoted POY 150D/48F 13, 800 yuan/ton, DTY150D/48F 15, 300 yuan/ton. The manufacturers reported the sales were good yesterday.

The polyester yarn manufacturers have no stock pressure presently, so there is little possibility for the price to fall back.