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Shengze filament market rebounds

20 Nov '07
1 min read

PTA, MEG prices on November 19 were still in downtrend. Semi-bright and bright polyester chip prices remained stable. CDP chip and PET bottle slice prices were firm, PSF price stabilized.

Acrylic staple fiber 1.5 D × 38mm, acrylic top 3 D × 102mm prices were stable; CPL, nylon 6 slice prices were steady.

VSF market trend remained stable. Shengze filament market rebounded with trade volume; sales of individual sluggish varieties had a negotiation space of 50-100 yuan per ton. Major DTY filaments met very weak purchasing power. The future market trend is expected to move in sideways.

Cotton yarn prices were stable as a whole, cotton 32s and J40s air-jet yarn had better demand.

Polyester and viscose yarn showed little changes both in price and trade volume. Rayon yarn price remained unchanged, but market turnover was dull. Pure polyester yarn price looked firm, 45s had better market demand. PSF, VSF prices were in stable conditions. The future market will be still dominated by consolidation.

Complete price quotations here.

Fibre2fashion, News Desk - China

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