Mar 12th Daily Review on Polyester Prices

  

 

CPL: Today RMB spot market of CPL is flat. Now the supplier quotes the goods around 23,000-23,200 Yuan/ton, the downstream bidding price is about 22,700 Yuan/ton and the actual negotiating price is around 22,700-22,800 Yuan/ton.

PSF: Today the leading quotation of polyester staple fiber declines slightly in South China. Among which 1.4D*38mm direct spinning PSF quotes around 11, 550-11,650 Yuan/ton by cash and with delivery.

PTA: Today PTA price is consolidated by weakness in China, which the supplier quotes the goods at 9,000 Yuan/ton, the downstream bidding price is around 8,850 Yuan/ton, and the actual negotiating price is about 8,900 Yuan/ton. The trading atmosphere is cold, and there are little negotiations.

MEG: Today the market price of MEG is around 7,950-8,000 Yuan/ton in China-Jiangsu market, the buying offer is 7,900 Yuan/ton, and the negotiations are around 7,950 Yuan/ton. The atmosphere is dull.

PFY: Today the price of polyester yarn tends to be weak in China-Shaoxing market, now the quotation is unchangeable in a local leading factory, among which cash quotation of FDY55D/72F is 13,610 Yuan/ton, and FDY150D/96F is around 12,210 Yuan/ton. The factory said the production and marketing went lower to 60% during the weekend.

PET Bottle Chips: Today the price of polyester bottle chip continues to be 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 11,800 -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.