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Chinese domestic polyester POY, FDY market trends
Feb '12
Amid weak trading atmosphere, domestic polyester POY market in China continues to be in adjustment phase.

The market price of POY75/36F was quoted at 12,850 Yuan/ton, while POY100/48F was offered at 12,350 Yuan/ton, and POY150/48F was quoted at 12,500 Yuan/ton.

The current POY inventory is expected to last for over a fortnight, and in the short-term, POY market is likely to continue in adjustment mode.

The Chinese domestic polyester DTY market continues to move sideways. The offer price of DTY75D/72F was at 16,300 Yuan/ton, DTY150D/48F at 13,900 Yuan/ton, and DTY150D/144F was at 14,500 Yuan/ton.

At present, there is DTY inventory of about more than a month, and DTY market is expected to move sideways, in the short term.

Meanwhile, a marginal decline was observed in polyester FDY market. The market price of FDY50D/24F was 15,100 Yuan/ton, while that of FDY75D/72F, FDY100D/48F, and FDY150D/96F were 14,400 Yuan/ton, 13,700 Yuan/ton and 13,400 Yuan/ton, respectively.

Currently, there is more than three weeks of FDY inventory level and FDY market is likely to continue in adjustment phase, in the short term.

Fibre2fashion News Desk - China

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