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Chinese polyester FDY market underperforms in last week
12
Mar '12
The Chinese polyester FDY market has underperformed in recent days and prices are still slightly lower. Transaction atmosphere is moderate.

Procurement enthusiasm for polyester FDY from downstream weaving is moderate. The latest offers from major FDY companies are basically flat.

FDY50D/24F was offered at 14,600 Yuan / ton, FDY75D/72F at 13,900 Yuan / ton, FDY100D/48F at 13,200 Yuan / ton and FDY150D/96F was offered at 12,900 Yuan / ton

At present, FDY inventory level is more than three weeks; FDY market is expected to maintain adjustment in the short term.

Fibre2fashion News Desk - China

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