May 10th Daily Review on Polyester Market

 

 

PTA: Today PTA price stayed firm in China. The supply quotation is around 7,850-7,900 Yuan/ton, the quotation from downstream manufactories is about 7,800 Yuan/ton, and the actual negotiating price is about 7,800-7,850 Yuan/ton.
 
VFY: Today the price of viscose filament yarn is stable in China-Guangdong. Now the quotation of 120D is around 35,000-39,000 Yuan/ton. The downstream enthusiasm is not good and the shipment is few.
 
 PSF: Today PSF price is stable in China-Jiangsu. The medial quotation of 1.5D is at 13300-13400 Yuan/ton, the upmarket quotation is around 13500-13600 Yuan/ton.  The manufactories have a high-pressure of fund and stock, and the buyers drive hard bargains.