June 13rd, 2011 Daily Review on Polyester Prices

 

June.10 the Asia PX raised 4 dollars to 1425-1430 dollars FOB Korea, Europe PX sank 30 dollars to 1445-1450 dollars FOB Rotterdam.
 

Today the PTA domestic market of east China is stable, the suppliers’ price offers at 9550 RMB/T, the practical price is around 9500 RMB/T, and the market trading atmosphere is slack, practical discussion is few. The quotation of overseas market goes down today, Taiwan ship goods quote at 1205-1210 dollars per ton, Korea goods quote at 1195 dollars per ton. The market trading atmosphere is dim, and the practical discussion is few.

 

Today the MEG market takes a wait-and-see attitude; some domestic quotation is at 9450 RMB/T, the discussion price of overseas market is at 1230 USD/T. 
Downstream: today the domestic market of PET Bottle Chip keeps firm, mainstream price from the manufactories quotes at 12600-12700 RMB/T(cash, factory price), and practical price is at 12500-12600 RMB/T (cash, factory price). The market trading atmosphere is dull, and the practical discussion is limited.
East China polyester spun yarn market is rising, the main factory price of 1.4D*38mm is raised to 13050-13200 RMB/T.