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Cationic filament market to undergo consolidation

02
Feb '10
In the last week of January, polyester cationic yarn quotes were stable in Shengze market. Trade volumes declined slightly compared with the previous weeks, but prices changed little.

Among FDY yarn products, current prices of FDY 66D and 50D stood at 13,600 Yuan / ton and 14,700 Yuan / ton, flat with the closing of the previous week.

Prices of 75D, 100D and 150D closed at 13,600 Yuan / ton, 12,900 Yuan/ ton and 12,600 Yuan / ton, respectively.

FDY 63D, 75D and 150D had better demand. Cationic POY 50D/48F, 75D/48F and 100D/36F remained at 12,500, 12,300 and 12100 Yuan / ton, respectively.

The steady price trend of cationic filament products is attributed mainly to upstream CDP slice market showing an overall consolidation, which provides support to cationic filament quotes.

The other reason forwarded by experts is that, supply and demand of cationic filament is basically balanced, which plays a key role in stabilizing cationic filament quotes.

Cationic filament market is expected to undergo a consolidation next week, even if the decline space in prices of some slow-moving products is limited.

Fibre2fashion News Desk - China


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