In recent time, domestic market of polyester DTY is covered with vulnerable atmosphere, market quotation is difficult to maintain stable and transaction volumes have gone down.
Upstream market is under a disadvantaged adjustment due to the impact of crude oil price; procurement from downstream weaving enterprise appears weaker.
The latest offers from main DTY enterprises have declined. 75D/72F DTY is priced at 15500 Yuan/ ton, 150D/48F DTY is 13,300 Yuan / ton and 150D/144F is at 13,700 Yuan / ton.
DTY inventory level is more than 40 days and the market is expected to maintain a vulnerable adjustment in the short term.
Fibre2fashion News Desk - China
marketing@alchempro.com
