Apr 9th Daily Review on Polyester Prices

 

 

PET Bottle Chips: Today the prices of polyester bottle chips maintain stable in China. Now the leading manufacturer quotes the goods for 11,100-11,300 Yuan/ton by cash and with delivery, the downstream sporadic bidding price is around 11,100 Yuan/ton, and the practical discussions are about 11,100-11,200 Yuan/ton. Now the trading atmosphere is cold and the practical discussions are limited. 

CPL: Today RMB spot market of CPL is consolidated by weakness. Now the sporadic offer of CPL is between 22,000 and 22,100 Yuan/ton, the downstream bidding price is 21,700 Yuan/ton, and the actual negotiations are around 21,800-22,000 Yuan/ton.

PSF: Today the center of leading quotations for polyester staple fiber continues the sluggish trends in South China. Among which the prices of 1.4D direct spinning PSF focus on 11,200-11,250 Yuan/ton by cash and with delivery.

MEG: Today the market leading quotation of MEG is around 7,250 Yuan/ton in Jiangsu，China, the buying offer is about 7,200 Yuan/ton and the negotiations are around 7,200-7,250Yuan/ton.

PTA: Today PTA price goes stable in domestic market, now the supplier quotes the goods for 8,650-8,700 Yuan/ton, the downstream bidding price is around 8,550-8,600 Yuan/ton, and the practical discussions are about 8,600-8,650 Yuan/ton. Now he trading atmosphere is cold and there are little negotiations.