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PSF prices slips on Sept 3

04
Sep '07
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.

For detailed prices click here

Fibre2fashion News Desk - China


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