On Monday, January 7, PTA price moved little upwards, MEG price pulled back slightly, semi-dull polyester chips went higher, bright polyester chips, CDP chips and PET bottle showed consolidation in price.
Prices of Acrylic Staple 1.5 D × 38mm, acrylic top 3 D × 102mm were in correction; CPL price gave a weak adjustment, nylon 6 slice looked stable.
Polyester filament market was steady. Fine varieties of Fully Drawn Yarn (FDY) indicated no significant change in ex-factory price, but market rates of conventional varieties rebounded from low-end. Overall production and market rate basically maintained at about 80-90 percent. Short term market trend is expected to stay in a narrow ranged consolidation.
All cotton yarn market was comfortable with its sales quantity and price. Market dynamic showed that cotton yarn 60s enlarged its sales slightly.
Polyester / Viscose yarn and polyester / cotton yarn markets still met very small trade volume.
Prices of rayon yarn 40s/2,50s continued to decline; Pure polyester yarn market was stabilized.
At present, market price of PSF 1.4 D × 38mm slightly raised. VSF price showed a temporary correction.
Market outlook is expected to mainly move sideways.
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Fibre2fashion News Desk - China
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