Opening snapshot
Asia**;s polyester filament yarn market extended its decline for a second consecutive week through June **, ****. TexPro data showed broad-based weakness across Chinese Partially Oriented Yarn (POY) and Draw Textured Yarn (DTY) grades, with POY ***D/**F falling *.** per cent to CNY *,***/mt (~$****/mt) and DTY ***D/**F declining *.** per cent to CNY *,***/mt. India reflected the correction with a four-day lag, while Pakistan remained largely stable. The downturn was triggered by a sharp upstream cost correction.
Key price movement
TexPro snapshots show the slide led by POY, the producer-stage feedstock yarn. China POY ***D/**F fell from CNY *,***/mt to CNY *,***/mt; the lighter POY **D/**F slipped *.** per cent. Downstream DTY held up better, DTY ***D/**F lost *.** per cent, DTY ***D/**F *.** per cent, DTY **D/**F *.** per cent. India**;s DTY ***D/**F took a single –*.** per cent step on June ** and held at ****;***/kg. Pakistan**;s DTY closed –*.** per cent and POY –*.** per cent.
