Feb 1st Daily Review on Polyester Prices
Author: Candy Feb 01, 2012 14:05
VSF:Today, VSF market price is 17000-17500CNY/t. The turnover is low for the downstream market has not yet fully restarted.
MEG:Today, Jiangsu MEG Price offered 8650-8700CNY/t, the counter offer is around 8600-8650CNY/t and the negotiate price is estimated around 8650-8680CNY/t.
PTA:Today PTA quotation in China market is firm, with suppliers offered 9150-9200CNY/t, the counter offer is around 9100CNY/t, and the actual negotiate price is around 9150CNY/t.
PET Bottle Chips: PET bottle chips domestic offer is stable. Major suppliers offered 12000CNY/t for cash take, while downstream counter offer is around 11700CNY/t, and the actual trade price is around 11800-11900CNY/t.
PFY: Shengze polyester yarn price stays still, a local major direct spinning plant offered FDY50D/24F six-month acceptance 15500CNY, DTY150D/144F six-month acceptance offered 15100CNY/t. Another melt spinning plant offered FDY 50D/24F acceptance 16800CNY/t, semi-bright FDY50D/24F offered 15600CNY/t. Yesterday, production and consumption rate is around 90%.
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Editor: qjydavid From: 168Tex.com
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