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Polyester composite yarn likely to keep weak consolidation

28
Jan '08
In the period from January 21 to 27, polyester/ nylon composite yarn sales in Shengze market were plain, trade volume was small due to poor demand of related fabrics, but prices were little changed from the previous week.

At the weekend DTY 150D/36F× 16, DTY 160D/72F × 16 (weft) were quoted at 19,300 yuan per ton and 19,100 yuan per ton, respectively.

Market central prices of DTY 90D/75F × 16 polyester/ nylon blended yarn, DTY 75D/36F × 16 polyester / nylon blended yarn were offered at 26,300 yuan per ton, 26,800 yuan per ton, respectively.

Actual transaction prices gave a moderate recession of about 200 yuan on basis of quotations.

Market outlook is expected to go into a weak consolidation.

Fibre2fashion News Desk - China


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