Apr 24th Daily Review on Polyester Prices
Author: Emma Apr 24, 2012 14:54
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PTA: Today, the PTA price is stable in the domestic market. Suppliers quoted the goods at 8750 Yuan/ton. The downstream bidding price is around 8650-8700 Yuan/ton and the practical discussions are around 8700 Yuan/ton. The trading atmosphere is mild and few orders are closed.
MEG:Today, the MEG price slightly dropped. Leading quotations in the domestic market are around 7450 Yuan/ton. The bidding price of orders in large quantities are around 7350 Yuan/ton, but the discussions for orders in small quantities are still at 7450 Yuan/ton or lower.
PET BOTTLE CHIPS: Today, the polyester bottle chips price is steady in the domestic market. Leading manufacturers at home quoted the goods at 11000-11100 Yuan/ton by cash. The downstream manufacturers bid the goods at 10900 Yuan/ton and the practical discussions are around 10900-11000 Yuan/ton by cash. The market is mild and lack of negotiations.
PSF:Today, the polyester staple fiber market is still in adjustment and leading quotations keep stable on market. Now 1.4D direct spinning PSF is quoted 11050-11150 Yuan/ton in East China.
PFY: Today, the polyester yarn manufacturers in Shengze, China stabilized the quotations. Now a melt spinning manufacturer quoted FDY 55D/24F at 12500 Yuan/ton DTY 150D/144F at 14000 Yuan/ton by cash. Another direct spinning manufacturer quoted FDY 50D/24F at 13500 Yuan/ton and 50D/48F at 13800 Yuan/ton by acceptance. The other FDY manufacturer quoted bright FDY 50D/36F at 13200 Yuan/ton and semi-dull FDY 50D/48F at 13100 Yuan/ton.
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Editor: qjydavid From: 168Tex.com
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