Apr 19th Daily Review on Polyester Prices
Author: Emma Apr 19, 2012 14:47
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MEG: Today, the MEG market is in consolidation and the domestic market performs mildly. Leading quotations are around 7500 Yuan/ton. The bidding price of orders in large quantities is around 7400 Yuan/ton and the discussions of orders in small quantities are around 7450-7500 Yuan/ton. The overseas market is generally steady. Some of the quotations for forward cargo are around 985 dollars/ton and the leading discussions are around 980-990 dollars/ton.
PET BOTTLE CHIPS: Today, the polyester bottle chips keep steady in overseas market. Leading quotations of the manufacturers stay at 1510-1530 dollars/ton. The downstream bidding price is around 1480 dollars/ton and the practical discussions are around 1490-1510 dollars/ton. The trading atmosphere is mild and few negotiations are in the market.
PSF: Today, the polyester staple fiber market is mainly steady in East China. Leading quotations are basically unchanged. Now 1.4D direct spinning PSF is quoted 11050-11150 Yuan/ton.
PFY: Today, a leading direct spinning manufacturer increased the quotations in Shengze. Most FDY products are increased by 100-200 Yuan/ton and some of DTY products increased by 100 Yuan/ton. Now FDY 50D/24F reached 13500 Yuan/ton and 50D/48F reached 13800 Yuan/ton. DTY 100D/36F is quoted 14500 Yuan/ton by acceptance.
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Editor: qjydavid From: 168Tex.com
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