In China, offers for 32s polyester yarn in Shengze were flat in the third week of June. In Zhejiang, 32s weaving yarn prices were steady during the week.
Polyester spun yarn prices were stable in China as offers for 32s and 45s in Shengze rolled over and sales volume was moderate. There was heavy bearish mood due to fall in crude oil prices, and cost support from feedstock market moderated. Spinners were watching price trend raw material and the number of orders from downstream producers in coming weeks.