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Mar 19th Daily Review on Polyester Prices

Author: Emma    Mar 19, 2012 15:38     

 
 
Today, the quotations of MEG were around 7400-7450 Yuan/ton. Buyers offered 7300-7350 Yuan/ton. The discussions were around 7350-7400 Yuan/ton.
 
PTA price stayed at a low level. Suppliers quoted the goods at 8600-8650 Yuan/ton. The downstream bidding price was around 8500-8550 Yuan/ton. The practical discussions were around 8550-8600 Yuan/ton. The trading atmosphere was still mild and there was little negotiation in the market.
 
The leading quotation of polyester staple fiber decreased in South China. Among which, 1.4D direct spinning PSF was quoted 11400-11500 Yuan/ton by cash and with delivery.
 
Today, a leading manufacturer of full dull products in Shengze, China greatly decreased the quotations. Full dull POY series generally decreased by 300 Yuan/ton. DTY 75D and 150D totally cut 200 Yuan/ton. Now they quoted full dull FDY 48D/48F at 15700 Yuan/ton and POY 50D at 16400 Yuan/ton.
 
Today, the polyester bottle chips price weakly adjusted in China. Leading manufacturers decreased the quotations at 11800-11900 Yuan/ton by cash. The downstream bidding price was around 11650-11700 Yuan/ton and the practical discussions were around 11700-11750 Yuan/ton. The trading atmosphere was mild and practical trades were rarely heard of.

Editor: qjydavid    From: 168Tex.com

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