Dec 23rd Daily Review on Polyester Prices

 

 

MEG：Today, Jiangsu MEG Price offered around 8400-8450CNY/t, the counter offer is around 8350-8380CNY/t and the negotiate price is estimated around 8370~8400CNY/t.

PTA：Today PTA quotation in China market is stable, with suppliers offered 8500~8550CNY/t, the counter offer is around 8400~8450CNY/t, and the actual negotiate price is around 8450-8500CNY/t.

PSF：Today, eastern China PSF offer is stable. Now 1.4D*38mm direct spinning PSF mainstream ex-factory is offered around 11200-11300CNY/t.

PET Chips:Sanfangxiang PET Chips offer is stable. Semi-bright chips cash take is offered 10650CNY/t, and bright chips cash take is offered 10700CNY/t. PFY: Today, some bright fiber fabric price increased by 100-200CNY/t, and others’ price unchanged. Now bright FDY40D/24F acceptance price is 16200CNY/t, 50D/24F acceptance price is 15700CNY/t. Semi-bright FDY50D/24F acceptance is 14600CNY/t, FDY55D/24F acceptance is 14600CNY/t. Another major direct spinning plant offers stabilized, with its FDY50D/24F six-month acceptance offered 14400CNY/t, DTY150D/144F six month acceptance offered 14300CNY/t.