In China, offers for 32s polyester yarn in Shengze slid US cent 2 a kg in the second week of May. In Zhejiang, 32s weaving yarn dropped US cents 2 a kg on the week.
Spun polyester yarn markets in China were in a slack season and covered by wait-and-see atmosphere. Downstream still purchased goods with caution to replenish inventories. Provided PSF market show a strong trend, downstream mills will probably be driven to buy a large volume of raw materials.