Dec 26th Daily Review on Polyester Prices

 

Low end orders in large quantities in Jiangsu MEG market were quoted 8350-8400 Yuan/ton and the buying offering was around 8300-8350 Yuan/ton. The discussions of orders in small quantities are around 8350-8380 Yuan/ton.

Today, PTA price kept steady in North China. Suppliers quoted the goods for 8550-8600 Yuan/ton and the downstream bidding price was around 8500 Yuan/ton. The practical discussions are around 8550 Yuan/ton.

The leading quotations of polyester staple yarn kept steady in South China; among which, 1.4D*38MM direct spinning PSF was quoted 11300-11400 Yuan/ton by cash and with delivery.

Polyester bottle chips price went steady in domestic market. Leading quotations of domestic manufacturers were around 11300-11400 Yuan/ton by cash but without delivery. Downstream bidding price was around 11200 Yuan/ton and the practical discussions are around 11200-11300 Yuan/ton by cash. The trading atmosphere was as normal.