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Weaving enterprises follow hand-to-mouth strategy

09
May '07
On May 8, PTA, MEG prices moved sideways, prices of semi-dull, bright chips, CDP cuts, PET bottle slice were stable, while polyester staple fiber price settled flat.

Prices of acrylic staple fiber 1.5D × 38mm, acrylic top 3D × 102mm looked stable, CPL, Nylon 6 chips were firm.

The overall trend of polyester filament market was stable, direct spinning factories lifted filament price and slicing enterprises followed the trend to raise price by 200 yuan.

Lower reach enterprises could not afford the burden and most weaving enterprises held prudent attitude of 'from hand to mouth'.

Local market analysts said that polyester filament lost its rising momentum.

Cotton yarn market was steady, J21s, J32s all kept good selling. Viscose yarn, polyester-cotton blended yarn prices were relatively stable. Pure polyester yarn remained no change.

Rayon yarn price continued to trend up. Polyester staple fiber price was relatively stable. Viscose staple fiber price climbed higher.

Outlook of rayon yarn market is expected to pick up bullish momentum.

Complete price quotations here.

Fibre2fashion, News Desk - China


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