Sep 6th, 2011 Daily Review on Polyester Prices

PTA: Today the PTA price is steady in overseas market, the suppliers quoted Taiwan cargo for about 1,320 USD/Ton, The quotation of Korea goods is 1,295-1,300 USD/Ton.

 

The PTA price is also steady in domestic market, the market supply is a few and the suppliers quoted for about 10,350 Yuan/Ton.

 

MEG: The MEG price increased slightly, the quotation is 10,000 Yuan/ton in domestic market, and the quotation in overseas market is around 1,300 USD/Ton.  

 

PET Bottle Chips: Today the price of polyester bottle chips increased in domestic market, the domestic main bottle chips factories quoted for about 13,300-13,500 Yuan/Ton.

 

The price in the overseas market increased slightly, and the quotation is about 1,700-1,720 USD/Ton FOB CMP. The market atmosphere is light and the practical negotiation is rare.

 

PSF: Today the PSF price is firm in eastern China and the price of direct spinning PSF 1.4D*38mm is mainly 13,500-13,600 Yuan/Ton.

 

PFY: Today the price of polyester yarns increased dramatically in eastern China; now a local main factory quoted FDY40D/48F for about 21,700 Yuan/Ton.

Another main factory quoted DTY50D/72F for 25,300 Yuan/Ton.