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Chinese p/n composite filament market weak
Jul '12
Polyester/nylon composite filament market in China’s Shengze market showed a weak consolidation trend in the week ending July 15.
Demand for polyester/nylon composite filament from downstream sector was less and offers were temporarily stable.
Prices of DTY 150D/36F × 16, DTY 160D/72F × 16 polyester/nylon composite filament continued to remain at previous weekend’s level of 19,000 Yuan/ton.
Market prices of DTY 90D/75F × 16 and DTY 75D/36F × 16 polyester/nylon composite filaments stabilized at 25,500 Yuan/ton and 26,300 Yuan/ton, respectively. But, actual transaction price declined.
At present, market supply is huge and the weak consolidation of polyester/nylon composite filament market is due to the influence of demand factors.
Hence, polyester/nylon composite filament market in China is expected to continue with its weak consolidation phase in the near future.

Fibre2fashion News Desk - China

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