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Suppression in pure polyester yarn market, likely
Jan '08
Prices of PTA and MEG were temporarily stabilized on Monday, January 14. Half/semi and bright polyester chip prices were in correction, prices of CDP chips and PET bottle slices were in stable consolidation.

PSF prices slightly lowered. Prices of acrylic staple fiber 1.5 D × 38mm, acrylic top 3 D × 102mm fell; CPL prices were stable; nylon 6 slice price was unchanged.

VSF price was stable. Overall trading situation of polyester filament market was consistent, price trend basically remained stable, trade varieties looked a kind of fragmented, production and marketing situation of spinning plants was now uneven and polyester filament inventories ran on high level. Market outlook of polyester yarn is expected to steadily move lower.

Yarn market was generally firm, with the exception of cotton yarn price continuing a downward trend. All of cotton yarn and polyester yarn items were relatively stable. Cotton yarn 32s was salable and demand of other specifications were relatively light.

The market of polyester and viscose yarn, polyester and cotton-blended yarn had little change, trade volume remained very small.

Rayon yarn market was still weak, individual products even slightly fell. Pure polyester yarn market was relatively stable and purchase power was low as the wait-and-see attitude was strong. The market outlook of pure polyester yarn is expected to set a suppression trend.

Complete price quotations here

Fibre2fashion, News Desk - China

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