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The polyester yarn price and all the chief manufacturers’ quotation keep steady in Shengze, China. Now a local direct spinning factory quoted that FDY 50D/48F was 19, 000 Yuan/ton (6-month Acceptance), POY 150D/144F 15, 000 Yuan/ton and DTY 75D/72F 20, 300 Yuan/ton. Another melt spinning factory quoted light FDY 75D/36F at 17, 500 Yuan/ton and DTY 75D/72F at 20, 200 Yuan/ton. The manufacturers said that yesterday’s sales were some what reducing, but the overall trend was good, and the production and marketing can be balanced. Besides this, parts of the goods are still short in supply and the storage is not over one-week amount. The polyester yarn price and all the chief manufacturers’ quotation keep unchanged in Taicang, China. Now a manufacturer quoted that FDY 50D/24F was 18, 650 Yuan/ton (3-month Acceptance); the acceptance price of POY 75D/72F was 16, 350 Yuan/ton. Manufacturers reported that due to the snowy weather of yesterday, the trading volume in the market was low, but the downstream orders were still huge and the production and marketing can be balanced.
The polyester yarn price keeps steady in Xiao Shan, China. A local mainstream manufacturer’ quotations keep unchanged. Now the light-web DTY 75D/72F was quoted 19, 800 Yuan/ton, low-stretch DTY 150D/48F was 15, 500 Yuan/ton, and micro-web DTY 150D/144F was 16, 400 Yuan/ton. Another POY factory quoted POY 150D/144F at 14, 300 Yuan/ton. Manufacturers said the early inquiries were ordinary. The polyester yarn price has a little repairing increasing in Tongxiang, China. A local mainstream polyester yarn manufacturer reported that the semi-dull POY increased 50 Yuan/ton, black and cation POY, DTY commonly increased 100 Yuan/ton. Now POY 150D/48F was quoted 13, 850 Yuan/ton; the pre-web DTY 300D/96F was 14, 750 Yuan/ton; and the black-light-web DTY 300D was 15, 800 Yuan/ton.
The crude oil price in NYMEX dropped heavily at the closing. Affected by this, Asian PX price dropped 5 dollars to 1, 615 dollars/ton FOB Korea. The European PX price basically stayed at 1, 545 dollars/ton FOB Rotterdam. It is obviously that the increasing tendency of the upstream raw material’s price has gone away. The pulling force of the cost from the chemical fiber did not exist anymore, and the cover force from the downstream weaving factory is obviously weakening. The production and marketing become slowing down. However, the supply of the chemical fiber factory tends to be short, so the polyester yarn price will keep stable in a short term.
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