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Chinese polyester filament yarn prices soften this week

02
Jan '15

The Chinese polyester filament yarn market softened and prices declined in tandem with weak feedstock market in the Chinese market during this week.

Polyester filament yarn prices also fell due to subdued demand from the downstream buyers during this week.

Prices for DTY 150 Den/48 F were around US$ 1.27-1.31 per kg and of POY 150 Den/48 F were around US$ 1.03-1.07 per kg FOB CMP basis.

Prices of PFY DTY150 Den of Chinese origin for domestic and export market were offered at US$ US$ 1.48-1.52/Kg and US$ 1.27-1.31 per kg, respectively.

While, Taiwanese origin PFY DYT 150 Den was offered at US$ 1.50-1.53 per kg, European origin was offered at US$ 2.27-2.40 and US origin products were available at US$ 3.05-3.15 per kg.

In the domestic market, average prices for DTY 150 Den/48 F were around RMB 9,600 per ton and for POY 150 Den/48 F around RMB 7,860 per ton.

Mainstream traded prices for FDY 68 Den/24 F were around RMB 8,800 per ton.

Fibre2fashion News Desk - India

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