On January 29 PTA, MEG prices settled at a lower levels, semi-dull, bright polyester chip, PET bottle cuts, CDP chip prices were stable. Polyester staple fiber prices were slightly up.
Acrylic staple fibers 1.5D × 38 mm, acrylic top 3D x 102mm prices settled dull.
CPL prices were down, nylon-6 chip prices settled dim. Viscose Staple fiber prices were stable.
Polyester filament market turnover rose slightly compared with the weekend, but overall market still looked weak. Market operators mainly reduced their stocks.
Demand conditions of polyester FDY, DTY are hard to be optimistic, it is estimated that the market will continue to drop.
Yarns and threats prices were relatively stable. 100 percent cotton yarn 40s which mainly used for jet open-ended cotton fabrics generated significant buying interest. Demand for 100 percent polyester yarns 32s, 45s was firm. Currently, prices remained stable.
Rayon yarn 10s had demand, sales price remained steady.
Market of PV yarn, blended yarn had very small changes, but cotton-polyester yarn 80/20 45s dropped 50 yuan per ton.
Polyester staple fiber prices stabilized in resilience. The market is expected to stay in consolidation.
Price quotation here.
Fibre2fashion, News Desk - China