Polyester filament yarn has been experiencing an off-season, but POY prices for August shipment maintained the same level in the preceding month. Furthermore, prices remained weak, but the demand for textured yarn has turned slightly upward in July.
The period from June to August was an off-season for the polyester industry as well. Compared with the situation until May, a substantial shrinkage of the trade volume and falling prices were usual in an average year. This year, however, sales in April and May were favorable more than anticipated and the repercussion was considerable. As a result, June sales declined considerably, and the yarn market cooled down rapidly.
June …
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