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Chinese polyester POY prices in adjustment
14
Feb '12
In the previous week, Chinese polyester yarn prices either were under adjustment, moved sideways or declined.

Polyester POY prices were still under adjustment in the past week. POY75/36F was offered at 12,700 Yuan / ton, POY100/48F was quoted at 12,500 Yuan / ton and POY150/48F was priced at 12,300 Yuan.

Now inventory level of POY is less than a week. Experts predict POY market to maintain adjustment in the short-term.

The polyester DTY market moved sideways after a slightly upward revision in the week and latest offers from main DTY companies were stable.

75D/72F was offered at 16,300 Yuan / ton, 150D/48F DTY was quoted at 13,900 Yuan / ton, 150D/144F was priced at 14,500 Yuan / ton.

DTY inventory has increased to about three weeks. DTY market is expected to mainly move sideways in the short term.

Prices of polyester FDY declined in the week under review. Majority of market offers remained flat, but latest FDY offers from major companies rose, when compared to its previous week.

FDY50D/24F was offered at 15,100 Yuan / ton, FDY75D/72F was quoted at 14,400 Yuan / ton, FDY100D/48F was priced at 13,700 Yuan / ton and FDY150D/96F was offered at 13,400 Yuan / ton.

FDY inventory is close to a week and FDY market is expected to maintain adjustment in the short term.

Fibre2fashion News Desk - China

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