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Polyester filament market moves at a steady pace
20
May '08
Yesterday, on May 19, PTA prices increased further. MEG prices adjusted, semi-dull and bright polyester chip prices also moved up. CDP slice temporarily stabilized. PET bottle slice price slightly shifted up.

Acrylic Staple 1.5 D × 38mm, acrylic top 3 D × 102mm prices moved in consolidation; CPL price moved slightly downward. Nylon 6 slice price was in adjustment.

General trend of polyester filament was steady; overall trade volume moved at a normal pace. Polyester raw material prices continued to gain; with the elevated cost pressure, filament market is seeing the possibility of price boost.

Among yarn products, rayon yarn fell further, cotton yarn looked flat. Blended yarn products slightly declined with some individual items. Polyester / Viscose yarn and polyester yarn market remained stable. The reason for the drop of rayon yarn was mainly from the recent downward trend of VSF.

On this Monday, VSF market price fell again to about 17,000 Yuan per ton, down 100 Yuan from the weekend price. Rayon yarn market is expected to continue a downward trend.

For further statistics click here

Fibre2fashion News Desk - China

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