MEG price fell back slightly, semi-dull and super bright polyester chips were stable, CDP chip price consolidated and PET bottle chip price remained unchanged. Acrylic staple fiber 1.5D × 38mm and acrylic top 3D × 102mm were under adjustment. CPL and nylon 6 chip prices were stable amid consolidation.
While some varieties of polyester filament saw tight supply, the market opened higher on the day with individual factories slightly increasing prices. For example, POY in Tongxiang rose 50 yuan per ton.
At present, although spinning factories face less stock pressure, weaving factories, texturing enterprises and traders are cautious towards filament market. Market analysts believe that short-term market will continue sideways movement.
Polyester staple fiber elevated its price focus to 13,100 Yuan / ton. Viscose staple fiber market moved lower to level of 19,500 Yuan / ton.
Except cotton yarn, the yarn market continued to decline. Cotton yarn 32s had greater demand; individual polyester / cotton yarn products declined in price. Prices of viscose yarn fell amid steadiness; trade volume was small, viscose yarn 40s had fair demand.
Prices of some rayon yarn varieties fell, trade volume of 32s slightly enlarged. Polyester yarn market improved, sales of 45s were fair. Man-made yarn market is expected to moderately decline.
Fibre2fashion News Desk - China
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