China Recycled Polyester Fiber Market Daily (21 Apr 2011)
| CCF Price | ||
| High-grade re-PSF in Jiangsu (yuan/mt) | 11,000 | -100 |
| Medium-grade re-PSF in Jiangsu (yuan/mt) | 10,400 | -100 |
| Low-grade re-PSF in Jiangsu (yuan/mt) | 9,900 | -100 |
| 3-hollow re-PSF in Zhejiang (yuan/mt) | 11,600 | 0 |
Cotton type re-PSF
As downstream demand slackened, cotton type re-PSF sales weakened and plants stabilized offer, with discounts. In Jiangsu and Zhejiang, high-grade re-PSF (high-tenacity, low-elongation) were offered at 11800-12000yuan/mt, against traded price down to 11400-11600yuan/mt.
Hollow re-PSF
Hollow re-PSF market appeared weak but its offer basically remained stable backed by high cost. In Zhejaing, 3-hollow re-PSF plants stabilized offer at 11800-12200yuan/mt (siliconized, with tax). Plants mostly took inventory of end products around one month.
Re-PFY
Re-PFY sales were relatively good and plants' inventory was low. In Zhejiang, ruling offer for POY150D was pegged at 12800-13000yuan/mt (with tax).
$1=CNY6.52
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