Sep 14th, 2011 Daily Review on Polyester Prices

PTA: Today the PTA price increased in overseas market, the suppliers quoted Taiwan cargo for about 1,360-1,370 USD/Ton, The quotation of Korea goods is 1,355 USD/Ton.

 

The PTA price is firm in domestic market, and the suppliers quoted for about 10,600 Yuan/Ton.

 

MEG: The MEG price is steady today, and the quotation is 10,400-10,450 Yuan/ton in eastern China. 　

 

PET Bottle Chips: Today the price of polyester bottle chips increased in domestic market, the domestic main bottle chips factories quoted for about 13,600-13,700 Yuan/Ton.

 

The price in the overseas market also increased, and the quotation is about 1,730-1,740 USD/Ton FOB CMP. The market atmosphere is light and the practical negotiation is limited.

 

PSF: Today the PSF price increased in eastern China and the price of direct spinning PSF 1.4D*38mm is mainly 13,900-14,000 Yuan/Ton.

 

PFY: Today the price of polyester yarns increased generally in eastern China; now a local main factory quoted FDY50D/24F for about 18,200 Yuan/Ton. Another main factory quoted FDY50D/48F for 17,500 Yuan/Ton.