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Daily quotation of various textile materials on Jan 12
13
Jan '09
On Monday, January 12, PTA, MEG prices consolidated, semi-dull and bright polyester chip prices showed weak adjustment; CDP slice price looked stable; PET bottle chip price temporarily stabilized.

Acrylic Staple 1.5D × 38mm price was in consolidation, while acrylic top 3D × 102mm, CPL, nylon 6 slices prices were temporarily steady.

Polyester filament market sank in doldrums; transaction volume maintained at lower level; market trend of polyester filament varieties seemed fragmented. Offers from spinning factories mostly remained stable, but it was prevalent for many items to offer price concessions.

At present, raw material prices from upper reaches were temporarily stable; corporate purchases of spinning manufacturers and texturizing factories were small; downstream textile manufacturers extended price concessions in order to seize market share. Therefore, polyester filament market is expected to remain in a vulnerable consolidation.

In yarn market, overall trend of cotton yarns changed marginally; prices remained stable; polyester yarn 45s was still salable, current price stood at 12,800 yuan per ton.

Prices of polyester/ cotton 80/20 yarns, 32s, 45s fell 100 yuan per ton.

Rayon yarn price maintained its weak trend. Polyester and Viscose yarn prices remained stable.

PSF price on the day stayed stable. Market outlook of polyester yarn is expected to show a consolidation pattern.

Focus of viscose staple fibre price fell. Market outlook of man-made fibre yarns is expected to hover in a downward trend.

For further statistics click here

Fibre2fashion News Desk - China

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