On Monday, July 30, PTA, MEG prices continued to consolidate, semi-dull and bright polyester chip prices moved in a smooth adjustment, CDP rates increased further whereas PET bottle slice price consolidated steadily.
Acrylic staple fiber 1.5D × 38mm and acrylic top 3D x 102mm prices were stable; Prices of CPL, nylon 6 slice showed no change, and price trend of viscose staple fiber moved upward.
Overall trading performance of polyester filament market was stable. Downstream textile enterprises basically held a cautious procurement policy to renew purchase against output. So it is anticipated that in future, polyester filament price may grow stronger.
The overall prices of all cotton yarn were flat. Cotton yarn prices were weak due to less market turnover.
Viscose yarn trading volume was low, prices of some pure polyester yarns were slightly up, 45s was salable, trading volume of other yarns were limited and price of PSF rose.
It is expected that prices for varieties containing pure yarn will show an upward trend.
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Fibre2fashion News Desk - China