Interviews
Chinese polyester POY prices to undergo adjustment
19 Mar '12
1 min read
At present, Chinese domestic polyester POY price shows a weak downward trend and market quotations have started to decline.
The latest offers from major POY companies have moved lower, POY75/36F is priced at 12,200 Yuan / ton, POY100/48F is priced at 11,800 Yuan/ ton and POY150/48F is at 11,650 Yuan/ ton.
Now the inventory level of POY is about three weeks, therefore, POY market is expected to undergo an adjustment in the short term.
The latest offers from major POY companies have moved lower, POY75/36F is priced at 12,200 Yuan / ton, POY100/48F is priced at 11,800 Yuan/ ton and POY150/48F is at 11,650 Yuan/ ton.
Now the inventory level of POY is about three weeks, therefore, POY market is expected to undergo an adjustment in the short term.
Fibre2fashion News Desk - China
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