Nov 28th Daily Review on Polyester Prices

 

 

PTA Spot Goods: Today PTA spot goods keep stable in the overseas market, now the actual negotiating price is about 8,100-8,150 Yuan/ton, however, the PTA price is weak in the overseas market, at present, the actual negotiating price of Taiwan cargo is 1,065-1,070 U.S. dollars per ton; and the actual negotiating price of Korean cargo is near by 1,045-1,050 U.S. dollars per ton.

PSF: Today the PSF (polyester staple fiber) price is still dominated by consolidation in East China, which the quotation maintains stable in most of manufacturers, at present, 1.4D*38mm spinning polyester staple fiber that the major ex-factory price focuses on 10,600-10,700 Yuan per ton in the market.

PET Bottle Chips: Today the polyester bottle price goes stable in the domestic market, now the major quotation is between 11,200-11,300 Yuan per ton or so in the domestic mainstream bottle manufacturer. In addition, the polyester bottle price is stalemate in the overseas market, and the quotation is nearly between 1,470 and 1,480 U.S. dollars per ton (FOB China). At present, the transaction atmosphere is insipid, and the actual negotiation is scarce in the market.

PFY: As a whole, today the polyester yarn price tends to be stable in China-Shengze market. A leading direct spinning manufacturer decreased in China-Shengze, and others keep unchangeable, now accepted quotation of DTY150D/48F is 14,700 Yuan/ton for six months, and FDY50D/24F quoted 13,500 Yuan/ton. The factory reflected that the inquiry atmosphere is general in the market.