Mar 2nd Daily Review on Polyester Prices

 
 
 

CPL: Today RMB spot market of CPL is weak in China. Now the supplier quotes the goods around 23,300-23,400 Yuan/ton, the downstream bidding price is about 23,000-23,100 Yuan/ton and the actual negotiating price is around 23,100-23,200 Yuan/ton.

PTA: Today PTA price increases slightly in China, now the supplier quotes the goods at 9,050-9,100 Yuan/ton, the downstream bidding price is about 9,000 Yuan/ton, and the negotiating price is about 9,000-9,050 Yuan/ton. The trading atmosphere is general, and there are little negotiations.

MEG: Today the leading quotation of MEG is around 8,250 Yuan/ton in China-Jiangsu market, the buying offer is about 8,200 Yuan/ton, and the actual negotiations are still uncertain.

VSF: At present, the trading atmosphere tends to be weak in the market, and the price of viscose staple fiber continues to decline in China, now the leading quotation of VSF is around 17,200 Yuan/ton, fall 50-100 Yuan/ton compared with yesterday.

PSF: Today the price of polyester staple fiber is unchangeable in South China. Now 1.4D*38mm direct spinning PSF quotes about 11, 650-11,750 Yuan/ton.

PET Bottle Chips: Today the price of polyester bottle chips is stable in China. Now the domestic leading manufacturer quotes the goods at 12,000-12,100 Yuan/ton, the downstream bidding price is around 11,800 Yuan/ton, and the actual negotiating price is about 11,850-11,950 Yuan/ton. The trading atmosphere is general.