August 26th, 2011 Daily Review on Polyester Prices

The PX price in Asia dropped 13 USD to 1,638 USD/Ton FOB Korea and the PX price in Europe dropped 5 USD to 1,595 USD/Ton FOB Rotterdam.  

 

PTA: Today the PTA price is steady in overseas market, the suppliers quoted Taiwan cargo for about 1,290 USD/Ton, The quotation of Korea goods is 1,270-1,275 USD/Ton.

The PTA price is firm in domestic market, the suppliers quoted for about 10,000-10,050 Yuan/Ton, The market atmosphere is light and the practical negotiation is a few.

 

PET Bottle Chips: Today the price of polyester bottle chips is firm in domestic market, the domestic main bottle chips factories quoted for about 13,000-13,100 Yuan/Ton. The price in the overseas market is steady, and the quotation is about 1,700 USD/Ton FOB CMP. The market atmosphere is light and the practical negotiation is rare.

 

PSF: Today the PSF price increased slightly in eastern China and the price of direct spinning PSF 1.4D*38mm is mainly 13,250-13,350 Yuan/Ton.

 

PFY: Today the price of polyester yarns increased slightly in eastern China; now a local main factory quoted FDY50D/24F for about 17,500 Yuan/Ton. Another main factory quoted semi-dull FDY50D/48F for 16,700 Yuan/Ton and bright FDY40D/24F for 16,800 Yuan/Ton.