Mar 8th Daily Review on Polyester Prices

 

 

VSF: Today the market price of viscose staple fiber goes stable in China. Among which the leading quotation of VSF is around 16,500-17,100 Yuan/ton.

PET Bottle Chips: Today the price of polyester bottle chip is stable in China. Now the leading manufacturer quotes the goods at 12,000-12,100 Yuan/ton by cash and with delivery, the downstream bidding price is around 11,900 Yuan/ton, and the actual negotiating price is about 11,900-12,000 Yuan/ton. The trading atmosphere is cold, and there are little negotiations.

PTA: Today PTA price continues to slow down in China, which the supplier quotes the goods at 9,000-9,050 Yuan/ton, the downstream bidding price is around 8,900 Yuan/ton, and the actual negotiating price is about 8,900-8,950 Yuan/ton. The trading atmosphere is cold, and there are little negotiations.

MEG: Today the leading quotation of MEG is around 1,085 U.S. dollars/ton in Asia market, the buying offer is 1,070 U.S. dollars/ton, and the negotiations are around 1,075-1,080 U.S. dollars/ton.

PFY: Today the price of polyester yarn keeps stable in China-Taicang market, now cash quotation of POY75D/72F is 13,300 Yuan/ton in a local leading factory, POY150D/144F is about 12,300 Yuan/ton, and FDY50D/24F is 14,200 Yuan/ton. The factory said the production and marketing was around 70% yesterday.