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Island filament prices in Shengze market remain stable

14
Jul '09
In the previous seven days, island filament price in Shengze market maintained a stable trend and witnessed marginal price movements when compared with the last corresponding seven days.

Market price of island composite filament DTY 215D - 225D (excellent grade) stood at 15000-15500 Yuan per ton, while island composite filament DTY105D was quoted at 18,000 Yuan per ton.

DTY215D garnered good demand from the market, mainly due to good demand for home textile fabrics in the market which also has led to an increase in production of weft suede fabrics.

FDY75D/24F recently also saw a slight rebound in purchasing from weaving enterprises. Though sales of suede fabrics are steady, it is not so large enough to absorb the entire production from weaving factories.

Industry experts have advised weavers to exercise caution and keep a keen watch on market trends of suede fabrics, which does not bore well for the composite filament market in the long term.


Fibre2fashion News Desk - China


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