June 11th Daily Review on Polyester Prices

 

PTA: Today PTA price is in a consolidation in North China. The market quotation is about 7,250-7,300 Yuan/ton, the bidding price of downstream manufacturer is around 7,150 Yuan/ton, and the negotiating price is near by 7,200-7,250 Yuan/ton. Now the trading atmosphere is cold and with little negotiations.

CPL: Today RMB spot market of CPL is mild in China, the sporadic quotation on market is about 18,800 Yuan/ton, the sporadic bidding price of downstream manufacturer is around 18,400 Yuan/ton and the practical discussion is near by 18,500 Yuan/ton.

CPL: Today the spot market of CPL is also cold in overseas market, the sporadic quotation on market is about 2,320-2,350 dollars/ton (CFR main port in China with L/C 90 days), the sporadic bidding price of downstream manufacturer is around 2,300 dollars/ton and the practical discussion is near by 2,300-2,320 dollars/ton (CFR main port in China with L/C 90 days).

POY: Today POY price is stable in Xiao Shan, China. The cash quotation of POY100D/36F is 9,900 Yuan/ton in a POY factory and POY150D/144F is 9,800 Yuan/ton. The factory said the inquiry atmosphere is cold and with little transactions.