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Market trends of polyester POY recover
07
Mar '11
In the just concluded week, prices in the Chinese polyester POY market recovered. Prices rose slightly and trade volume also increased.

POY market sentiment was better, purchasing enthusiasm from downstream enterprises rose.

The latest settlement price of POY100D/36F was at 15,800 Yuan / ton and pre-offer was 15,900 Yuan / ton.

Settlement price of POY150D/48F was 15,000 Yuan / ton and pre-offer was 15,100 Yuan / ton.

Now POY inventory level is for about two weeks. POY market is expected to maintain a short-term adjustment.

Fibre2fashion News Desk - India

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