PTA, MEG prices declined, prices of semi-bright and bright polyester chip and CDP chip, PET bottle slice moved sideways, on Monday, December 3, 2007.
Acrylic staple fiber 1.5 D × 38mm, acrylic top 3 D × 102mm prices were lower; CPL, nylon 6 slice prices looked stable.
VSF market trend remained stable. Trade volume of filament products was poor with market sentiment in doldrums; operating companies sank into fragile mentality. Most people expect the market to further decline and shipment resistance of spinning enterprises is increasing.
Currently, production and market rate of chemical fiber spinning manufacturers is generally at 60-80 percent. Conventional filament varieties face sales pressure in a near future. Therefore a price correction is inevitable.
Yarn market was basically stable. Sales of cotton yarn J40s rose, trade volume of 32s was fair. Polyester/cotton yarn, polyester /viscose yarns performed well, but individual species of pure polyester yarn fell.
PSF price fell 50 yuan per ton on Monday to the average market price of 12,050 yuan per ton. It is estimated that pure polyester yarn market will be adjusted downward.
Complete price quotations here
Fibre2fashion, News Desk - China
marketing@alchempro.com
