June 26th Daily Review on Polyester Prices

 

PSF: Today the centre of leading quotation for polyester staple fiber continues to be down in South China, among which the leading quotation of 1.4D direct spinning PSF falls to 9,650-9,700 Yuan/ton. In addition, PSF price also declines in East China. The centre of leading quotation on market also continues to fall back. At present, the leading quotation of 1.4D direct spinning PSF falls to 9,550-9,600 Yuan/ton.

PFY: Today the quotation of polyester yarn declines 200-300 Yuan/ton in Xiao Shan, China. Now the quotation of FDY50D/24F is 12,300 Yuan/ton in a leading manufacturer, FDY61D is 11,600 Yuan/ton, FDY120D is 9,700 Yuan/ton and FDY150D is 9,600 Yuan/ton. Meanwhile, DTY100D/48F is quoted 12,600 Yuan/ton and DTY150D/144F is 11,600 Yuan/ton.

CPL: Today RMB spot market of CPL is mild in China, the supplier quotes the goods for 18,600-18,700 Yuan/ton, the bidding price of downstream manufacturer is 18,500 Yuan/ton and the practical discussion is near by 18,600 Yuan/ton.

MEG: Today MEG price is weak in domestic market. Now the leading quotation on market is about 6,350 Yuan/ton or above, the wait-and-see mood of buyer is strong and the negotiating price stays at 6,300 Yuan/ton.