Oct 28th, 2011 Daily Review on Polyester Prices
PTA: Today the PTA price dropped slightly in overseas market, the suppliers quoted Taiwan cargo for about 1,170-1,180 USD/Ton, The quotation of Korea goods is 1,140-1,150 USD/Ton.
The PTA price is steady in domestic market, and the suppliers quoted for about 9,000 Yuan/Ton.
MEG: The MEG price is consolidated, the domestic suppliers quoted for about 9,000-9,100 Yuan/Ton and the quotation in overseas market is about 1,180 USD/Ton.
PET Bottle Chips: The price of polyester bottle chips is steady in domestic market; the quotation of domestic main bottle chips factories is around 12,000-12,300 Yuan/Ton.
The overseas market is also steady, and the quotation is about 1,610-1,630 USD/Ton FOB CMP. The market atmosphere is light and the practical negotiation is rare.
PSF: The PSF price dropped in eastern China and the price of direct spinning PSF 1.4D*38mm is mainly 12,300-12,400 Yuan/Ton.
PFY: The price of polyester yarns is steady in eastern China; now a local main factory quoted DTY150D/144F for about 16,200 Yuan/Ton. Another main factory quoted FDY50D/48F for 15,300 Yuan/Ton.
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