PTA prices moved higher and MEG prices showed a temporary correction on Monday, December 24. Prices of semi-dull and bright polyester chips fell slightly. CDP chip prices were stable. PET bottle slice moved sideways.
PSF prices remained weak. Prices of acrylic staple fibre 1.5 D × 38mm, acrylic top 3 D × 102mm were consolidated. CPL prices declined. Nylon 6 slice price posed a week adjustment.
VSF price went downward. The overall trade volume of polyester filament market stayed at lower-middle level, looking more dispersed.
Trade prices of DTY varieties sank. Overall sales of POY were fair. Current, sales of conventional DTY varieties were slightly held back. Downstream enterprises are generally cautious about the market outlook. Purchasing power from downstream textile enterprises was poor. Most people think that polyester filament market will be more likely to give a bearish consolidation.
Market sales of all cotton yarn 32s, J40s, which are mainly used in production of air-jet nylon / cotton cloth, were fair and prices saw little change.
Rayon yarn 30s price cut 50-100 yuan per ton to current level of 25,500 yuan per ton, other varieties relatively stable.
Polyester yarn 45s price declined. Polyester/viscose and polyester/cotton yarn saw little change in market price and trade volume. Sale of polyester/viscose yarn 40s was fair. VSF price moved downward. Market outlook of rayon yarn is expected to continue a weak suppression trend.
Complete price list here
Fibre2fashion, News Desk - China
marketing@alchempro.com
