Monday, September 3, PTA prices were stable, MEG prices rose. Semi-dull and bright polyester chip prices moved flat. CDP slice price fell, PET bottle price moved sideways.
PSF prices slipped downward, acrylic staple 1.5D x 38mm and acrylic top 102mm x 3D prices adjusted; CPL, nylon 6 slice prices looked steady.
Market trade volume of conventional polyester filaments continued its down trend, prices of most items fell 100-200 yuan per ton. With a sluggish demand and high inventory, polyester filament market is expected to remain weak, unsalable varieties are likely to stay in a downturn.
Cotton yarn market was in a state of balanced supply and stable price. Pure polyester yarn market was firm, 45s was clearly better than other items in trade volume.
Polyester-viscose yarn, polyester-cotton yarn had small trade volume; sales of rayon yarn 10s, 20s increased and prices slightly rose. VSF prices showed an uptrend.
It is expected that rayon yarn market will further go up for consolidation.
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Fibre2fashion News Desk - China
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