Market Review
Trading prices of high-grade POY86Dtex/24F were at 30300-31500yuan/mt, mainly at around 30500-31000yuan/mt. Medium-grade products were traded firmly at 29500yuan/mt. Lower-grade cargos were sold at 28300-28500yuan/mt in Jiangsu.

The mainstream trading prices of semi-dull FDY70D/24F held firm at 32000yuan/mt. Based on strong raw materials, producers were reluctant to sell at lower prices.

Selling rates of high-grade semi-dull DTY70D/24F stood firm at 34000-34500yuan/mt with a few brands at higher rates. Producers were active to push prices up due to strong raw materials.

Plant operation
Generally NFY O/R kept stable at around 90% and NFY inventory index at slightly above 14 days.

($1=CNY6.62)

source:CCFGroup