Presently, Jiangsu polyester filament market continue its weak trend, sales are poor, as resistance still distinctly exists, and the market holds a cautious mentality.
Direct spinning manufacturers generally lower their prices, chip spinning enterprises clearly and gradually limit their production, product prices slip downward. Inventory pressures obviously increase. Cation and FDY dull filament prices have slightly reduced.
Most downstream manufacturers lack confidence in future market, as fund still remains tight, they have to adopt a mode of procuring limited quantity on demand.
Traders are in same poor mentality, but their inventories are at a low level. They take prudent operation, which enlarges pressures on sales of polyester filament.
Currently, market sentiment has taken a downturn, lacks downstream support, future pressure looks larger, in particular, some high-value items. The market is expected to remain in a declining trend, recently
Market quotations for various varieties:
POY 75D/36F is at 13100-13300 yuan per ton
POY 75D/72F is at 13100-13300 yuan per ton
DTY 75D/36F is at 15100-15300 yuan per ton
DTY 75D/72F(Light) is at 16,300-16500 yuan per ton
DTY 75D/144F is at 16600-16800 yuan per ton
DTY 150D/288F is at 15200-15600 yuan per ton
FDY 50D/24F is at 14400-14900 yuan per ton
FDY 63D/24F is at 13500-14100 yuan per ton
FDY 75D/36F is at 13500-13550 yuan per ton
FDY 150D/96F is at 12600-12650 yuan per ton
Fibre2fashion, News Desk - China
marketing@alchempro.com
