China Nylon Filament Yarn Market Daily (8 Mar 2011)

CCF Price
Semi-dull POY86Dtex/24F: 34,800yuan/mt +100
Semi-dull DTY70D/24F: 38,200yuan/mt +100
Semi-dull FDY70D/24F: 36,700yuan/mt +0

Market Review
Today s nylon 6 fiber prices stood firm with a few increasing a little bit.

Offers of high-grade POY86Dtex/24F were at 35500-36000yuan/mt, market main traded prices at 35500yuan/mt or slightly. Offers of medium-grade and low-grade were respectively at 34500-35000yuan/mt and 34000yuan/mt.

As to FDY market, offers of semi-dull 70D/24F pegged at 37000yuan/mt or slightly above, with trading prices a little lower.

As to DTY market, high-grade semi-dull 70D/24F stood mainly at 40000-40500yuan/mt, traded at 39500-40000yuan/mt. Medium-grade offers kept at 39000-39500yuan/mt, with traded prices at slightly lower level. The previous low prices of 38000yuan/mt were no longer seen in the market.

Plant operation
The operation rate of NFY plants stayed at 92%, and product inventory were around 6.4 days.

($1=CNY6.57)