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Polyester FDY market looks dull

26
Sep '11
Polyester fully drawn yarn (FDY) market in China has started to look dull and the rising trend in prices has been reversed. However, the FDY market is still better than polyester POY and polyester DTY markets.

The sales rates of most FDY manufacturing enterprises have declined during the last few days leading to a slight rise in inventory levels.

However, demand from downstream water-jet weaving firms remained steady at a certain level.

The weak adjustment of polyester raw material prices is also a reason for polyester FDY prices showing a declining trend.

At present, leading Chinese companies are offering FDY50D/48F at 17,700 Yuan/ton, FDY75D/36F at 16,300 Yuan/ton and FDY150D/96F at 15,400 Yuan/ton.

Currently, FDY stock levels are more than one week.

Fibre2fashion News Desk - China


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