The Comment on PX,PTA, Polyester Price on April 28

   

   

    The futures price of crude oil delivered by June in New York Commence Exchange increased 55 cents to 112.76 USD on April, 27. The price of PX in Asia increased to 1600 USD per ton (FOB Korea). The PX price in Europe keeps about 1600 USD per ton (FOB Rotterdam).

  

    Today, the PTA price in domestic market consolidated weakly, the offer price of suppliers is around 10500 Yuan/ton, and the negotiation price is about 10400-10430 Yuan, and the transaction is rare. The PTA price aboard increased slightly, Taiwan cargo price increased to 1330-1340 USD/ton, Korean cargo price is about 1330-1335 USD/ton, the transaction is good. The atmosphere in MEG market is quite good, the price in domestic market is about 8800 Yuan/ton and price aboard is about 1135-1140 USD per ton. The price of semi-bright chips is about 12900 Yuan/ton. The price of bright chips is about 13800 Yuan/ton. 

   

    Today the price of polyester price is still consolidated. A local big factory in Shengze quoted FDY 40D/24F for 19,200 Yuan/ton, FDY 50D/24F for 17,400 Yuan/ton. The price in Taicang keeps firmly, a main factory quoted POY 75D/72F for 17050 Yuan/ton. A big factory in Wuxi quoted FDY 75D/36F for 15200 Yuan/ton and another big factory in Xiaoshan quoted DTY 150D/144F for 16500 Yuan/ton. A big factory in Shaoxing quoted FDY 118D/96F for 14500 Yuan/ton. The price in Tongxiang market is decreasing, and a local big factory decreased FDY 75D price by 200-400 Yuan per ton.