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June 16th, 2011 Daily Review on Polyester Prices

Author: Candy    Jun 16, 2011 15:20     

 
In New York Merchandise Exchange, the July delivery light crude oil futures price dropped $4.56, closed at $94.81 per barrel, the drop amount is 4.6%. On 15th June, Asian PX price was basically maintained at $1425/t, FOB Korea, and European PX price was basically maintained at $1475/t, FOB Rotterdam.
 
Today, PTA quotation out abroad is strong. Taiwan ship loaded cargo was quoted at $1195-1200/t. Korean goods was quoted at $1190-1195CNY/t. The market trade atmosphere is cold. Quotation at home increased slightly. Suppliers offered the price of 9550CNY/t, and reluctant to sell up the goods at a low price.
 
Poly bottle chips quotation at home kept stable. Super major poly bottle chip plants offered the price at 12600-12700CNY/t for cash take. And the downstream bid price was at 12300CNY/t. The actual price was negotiated at 12400-12500CNY/t for cash take. Market atmosphere is also cold and actual trade is rare.
 
Poly staple fiber in eastern China area continue to consolidate, of which, the 1.4D*38mm direct spinning poly staple fiber mainstream, EXW price, was maintained at 13150-13300CNY/t. Poly fiber price in China kept stable generally. A few plants lowered down its price. Now the mainstream semi-bright FDY50D/48F was quoted at 16900CNY/t (acceptance in 6 months)

Editor: 凌卫荣    From: 168Tex.com

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