Feb 27th Daily Review on Polyester Prices

 

 

 

MEG: Today the market leading quotation of MEG is about 8,250-8,300 Yuan/ton in China-Jiangsu market, the buying offer is about 8,200 Yuan/ton, and the negotiating price is around 8,250 Yuan/ton.
PTA: Today PTA price continues to be soft in China, now the supplier quotes the goods at 8,950 Yuan/ton, the downstream bidding price is about 8,900 Yuan/ton, and the negotiating price is about 8,900-8,950 Yuan/ton. The trading atmosphere is flat.
CPL: Today RMB spot market of CPL is soft in China. Now the supplier quotes the goods around 23,600-23,800 Yuan/ton, the downstream bidding price is about 23,400 Yuan/ton and the actual negotiating price is around 23,500-23,600 Yuan/ton.
VSF: Today the price of viscose staple fiber is unchangeable in China. Now the leading quotation of VSF is around 17,300-17,600 Yuan/ton.
PFY: Today the price of polyester yarn is stable in China-Tongxiang market, now cash quotation of DTY150D/48F is 13,800 Yuan/ton, DTY150D/144F is about 14,700 Yuan/ton, and POY150D/144F is around 12,600 Yuan/ton.
PSF: Today the price of polyester staple fiber continues downward trends in South China. Now 1.4D*38mm direct spinning PSF quotes about 11, 850-11,950 Yuan/ton.
PET Bottle Chips: Today the prices of polyester bottle chips are stable in China. Now leading manufacturers quoted the goods at 11,800-11,900 Yuan/ton, the downstream bidding price is around 11,700 Yuan/ton, and the actual negotiating price is near by 11,700-11,800 Yuan/ton. The trading atmosphere is soft and has few orders.