Island composite filament market was flat last week (8 to 14 March), only 225D witnessed demand. Market price of island composite filament DTY225D was focused at 16,500-16,600 Yuan per ton, other varieties faced unfavorable market conditions.
225D is mainly woven with DTY75D / 72F to produce weft suede and the content of 225D in the fabric is as high as 65 percent. The fabric is woven on air-jet looms with high-density satin vein changes in texture.
Trade activities of warp-knitted fabrics FDY75D/24F were slow, production of downstream enterprises slightly cut, market transactions of island composite filament declined, therefore, trade volume of FDY island composite filament appeared quiet.
DTY105D/36F × 37 island composite filament still had some demand, but price was battered down to a very low level by buyers.
The current trend of polyester raw materials in upper reaches is weak, while demand for island filament in lower reaches is small; the market has shrunk in volume, but the price of island filament stands above the cost line.
The price of island filament is expected to go through a smooth transition. Trade volume of island filament is expected to expand in late March, as entire textile market gradually gets better and better.
Fibre2fashion News Desk - China