This week, poly yarn price rebound. Early of the week, for the influence of a hot sale of POY, some POY plant tempt to increase the price, while the other plants keep the price unchanged, with just abolish the previous preference. Soon after that, the downstream temporary shortage covering is begun. Some plants try to sell up the stock by the chance and the production and consumption rate of poly yarn plants is mostly rebounded. But when it comes into the second half of the week, for the demand lowering down, and feedstock plants are mostly run on quantity, meanwhile, some polyester plants began load shedding, making poly yarn price stabilized.
FDY price was slightly up regulated this week. Last weekend, in order to boost the sale, some FDY plants down regulated the price. But in this week, for a good sale of POY products, FDY sale also rebounded. With the continuous good sale, major plants up regulated the price slightly. But in the second half of the week, the marketing is weakened, with yarn offers are mostly stabilized. This week, major FDY manufacturers have up regulated the price by a hundred China Yuan. At this week, major manufacturers offer FDY50D/24F six-month acceptance at 13900CNY/t.
DTY offer this week is relatively stabilized. From last weekend, POY enjoys a good sale, with its price mostly up regulated, but DTY stock is high, and plants are willing to run on the quantity, and its profit margin is acceptable, thus its price is stable. DTY150D/144F six-month acceptance is offered at 14700CNY/t.
POY price this week is also rebounded. By last weekend, the market demand is flared-up. The production and consumption at the first half of the week continue went high. Influenced by which, POY prices are mostly increased. But in the second half of the week, with the temporary shortage covering come to the end, POY market again stabilized. This week, POY price is up regulated by 200-400CNY/t. At the weekend, POY150D/48F cash take is offered at 12000CNY/t by major manufacturers.
This week, polyester yarn sales well, with most plants stock level fall back. Now FDY stock level in the major plants are generally over 10 days, while POY stock level is around a week, and DTY stock is over half a month.
Now the downstream fabric market is in dull sale. Weaving plants are cause on feedstock procurement, and polyester plants are mostly at loss. Manufacturers are mostly guarantee the quantity, but not guarantee the price. Now there are some poly plants have stop production for a reasonable price, therefore, poly yarn price in the short term will be stabilized.
|
China Major Plants Quotation Trend Table (14th Nov~18th Nov) |
|
Art |
Mon |
Tue |
Wed |
Thurs |
Fri |
|
FDY50D/24F |
13200 |
13200 |
13300 |
13300 |
13300 |
|
DTY150D/48F |
13200 |
13200 |
13200 |
13200 |
13200 |
|
POY150D/144F |
12400 |
12600 |
12600 |
12600 |
12600 |
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