The Quotation Raises Slightly in China

Today the polyester price is totally dominated by stability in China-Shengze market, and a local major spinning factory that the quotation of FDY50D raises 100RMB per ton, DTY raises 100RMB per ton, POY150D/144F raises 100RMB per ton, and others are unchangeable. Now the quotation of FDY50D/24F is 19,200RMB per ton (acceptance for six months), and the quotation of DTY75D/144F is 21,200RMB per ton, while the quotation continues to keep stable in another melting spinning factory, now the quotation of DTY150D/144F is 18,200RMB per ton, and another big factory that the quotation still maintains stable. Now the cash offer of FDY50D/48F is 18,800RMb per ton, and the bright FDY40D/24F offers 19,500RMB per ton. The factory reflected that the sales are still lower, and the production and marketing is about 20-30% in general.