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Chinese cationic filament market firms up
27
Oct '09
In the previous week, (October 19 to 25), Chinese cationic filament market rose after steady movements due to the impact of raw materials in upstream sector. The prices of polyester based products bounced in vengeance on Friday.

Of which, price of cationic slice also rose by about 200 Yuan per ton, buyout price for short-distance delivery to buyer's destination was about 9,100 Yuan per ton, in terms of 6 month payment terms, which helped boost sales volume of cationic yarn.

From trends of varieties, FDY75D/48F, 63D/24F were most hot selling items. From amongst, downstream demand, 63D has a wide application, as it is directly used in production of thin woven fabrics based on linen yarn and it is mainly blended with polyester DTY75D to produce jacquard imitated linen fashion fabrics, which are hot selling.

In addition, demand of cationic jacquard lining series was better than conventional lining fabrics. Procurement of downstream weaving sector realized some breakthrough. Settlement level of October 18 to October 24 was 9,050 Yuan per ton, up 200 Yuan from 8,850 Yuan of the previous week.

Offered price for next week was 9,500 Yuan per ton, up 500 Yuan from 9,000 Yuan offered in the previous week. Cationic filament market is expected to slightly increase in the future.

Fibre2fashion News Desk - India

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