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Polyester filament market to see cold-fire trend

29
May '07
On May 28, PTA prices moved sideways, MEG prices slightly upswept, prices of semi-dull and bright chips, PET bottle slice kept stable, CDP chips looked slightly weary and prices of polyester staple fiber started to pick up.

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

Viscose staple fiber appeared firmer. Market turnover of polyester filament was basically the same as the previous day market price being stable, but individual chemical fiber plants considered the fact of recent slowdown in production and sales.

Some items still had a bargaining room of 50-100 yuan per ton. Commercial traders and manufacturers showed little interest in further purchasing. Therefore short-term polyester filament market is expected to maintain a cold-fire trend.

The overall yarn market continued to fluctuate. Trade volume of rayon yarn 20s, 30s enlarged, prices were also pushed up 100 yuan per ton.

Looking from downstream factories, the 'following rally market' of rayon yarn was drawing to an end. The demand from lower stream of polyester yarn 65/35 80/20 remained stable.

Complete price quotations here.

Fibre2fashion, News Desk - China


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