Bulk Textile Feedstock Quotation Summarize (11th Oct)
Author: Candy Oct 11, 2011 14:12
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PTA: Today, PTA price abroad continue upward. Taiwan cargo is offered at $1250-1260/t, Korean cargo is offered at $1230/t, the price in China market has increased by 50-100CNY/t. Suppliers offered 9650-9700CNY/t, but downstream purchase atmosphere is dull. Market counter offer is around 9600CNY/t, and the actual negotiate price is around 9650CNY/t.
MEG: Today, China MEG price is offered at 9700CNY/t, with counter offer at 9600-9650CNY/t. Small and medium order price is estimated around 9650-9700CNY/t.
PSF: With the boost of both PTA futures and spot rebound, recently PSF market has warmed up, but the overall turn out is still not satisfying. It is expected that in its price will continue to consolidate in a short term.
PET Bottle Chips: PET bottle chips price drop, China suppliers offered $1670-1680/t for abroad market (FOB China main port), and the China market price is stable, with the price offered around 12500-12600CNY/t. Market trade atmosphere is insipid and real deal is quite few.
Viscose Staple Fiber: VSF panic mood increased, with some plants put forth new policies one after another. Now the new quotation is around 19300-19500CNY/t, and some offered relative low price of 19000CNY/t, while some offered a relative higher price of 19800CNY/t. Some plants have put forth monthly settlement and support value policies.
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Editor: qjydavid From: 168Tex.com
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