Jan 5th Daily Review on Polyester Prices

PTA Spot Goods: Today PTA price ascends in the domestic market, now the supplier that the quotation is around 8,750-8,800 Yuan/ton, the downstream bidding price is 8,650-8,700 Yuan/ton, and the actual negotiating price is about 8,700-8,750 Yuan/ton. In addition, the PTA price also raises sharply in the overseas market, at present, the actual negotiating price of Taiwan cargo is about 1,140 U.S. dollars per ton; and the actual negotiating price of Korean cargo is near by 1,125-1,130 U.S. dollars per ton.

PSF: Today the PSF (polyester staple fiber) price continues to the rising trend in East China, which the center of major quotation continues to ascend in the market, and now 1.4D*38mm spinning polyester staple fiber that the major price focuses on 11,800-11,900 Yuan per ton in the market.

PET Bottle Chips: Today the polyester bottle price ascends in the domestic market, now the domestic leading bottle manufacturer which the major quotation is about 11,500-11,600 Yuan per ton, the downstream bidding price is around 11,400 Yuan/ton, and the actual negotiating price is near by 11,400-11,500 Yuan/ton. In addition, the PET bottle chips is also rising, now the domestic leading bottle manufacturer which the major quotation is about 1,500-1,530 U.S. dollars/ton (FOB China’s main port), the downstream bidding price is around 1,480-1,490 U.S. dollars/ton, and the actual negotiating price is near by 1,490-1,500 U.S. dollars/ton (FOB China’s main port). Now the trading atmosphere is quiet, and the actual negotiation is limited in the market.