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The polyester yarn price is mainly steady today in Shengze, China. One local direct spinning manufacturer quoted FDY 50D/48F for 19, 600 Yuan/ton (6 Months Acceptance). Another local melt spinning manufacturer doesn’t change the quotations. While the other manufacturer reported that the light and semi-light FDY generally increased 200 Yuan/ton. Now they quoted FDY 50D/48F for 19, 000 Yuan/ton and light FDY 40D/24F 19, 700 Yuan/ton. Manufacturers said yesterday’s sales was generally low and was around 40%. The polyester yarn price keeps stable in Taicang, China. One local mainstream manufacturer quoted FDY 50D/24F for 18, 900 Yuan/ton (Spot Exchange) and POY 75D/72F for 17, 350 Yuan/ton (Spot Exchange). Manufacturers said the early inquiry was flat too.
The polyester yarn price is steady in Xiao-Shao Market, China. One mainstream manufacturer in Xiao Shan quoted FDY 68D/24F for 17, 700 Yuan/ton, FDY 150D/96F 14, 900 Yuan/ton, DTY 150D/48F 16, 200 Yuan/ton, and light-web DTY 75D/72F for 20, 200 Yuan/ton. Another mainstream POY manufacturer unchanged the quotations, who quoted POY 75D/72F for 16, 650 Yuan/ton and POY 75D/144F for 17, 510 Yuan/ton. A manufacturer in Shao Xing quoted FDY 150D/96F for 14, 800 Yuan/ton.
The polyester yarn price is consolidating in Tongxiang, China. One local mainstream manufacturer quoted low-stretch DTY 150D/48F for 16, 300 Yuan/ton.
Presently, the raw material price is still in consolidation at a high position. The PX price increased 16 dollars to 1, 639 dollars FOB Korea yesterday, and the European PX price increased 50 dollars to 1, 744 dollars FOB Rotterdam. Besides, the East China inner market offering of PTA spot market increased to 11800-11900 Yuan/ton and the mainstream negotiated price increased to 11, 750 Yuan/ton. And the outskirt offering remains around 1, 470 dollars/ton and the practical negotiated price is 1, 460 dollars/ton. The mainstream quotations for spot goods and spot exchange of semi-dull polyester chips remain around 13, 500 Yuan/ton. However, in the downstream weaving market, the workers are still on their way to factories, so the operating rate will not promote quickly. Moreover, the raw material price is staying at a periodically high position and the weaving factories have already stocked up before the New Year, so the recent sales of the material will be weak, which restricts the growing of the polyester yarn price.
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