Daily Review on Polyester Prices (9th Nov)
MEG：Today, Jiangsu MEG Price is offered at 8600-8650CNY/t, with the counter offer around 8500-8550CNY/t. The negotiate price of medium and small orders is estimated around 8600CNY/t.
PTA：Today PTA quotation in China market stabilized, with suppliers offered mainly around 8300CNY/t, the counter offer price is around 8150-8200CNY/t. Buyers holds wait and see attitude. And the actual negotiate price is around 8200-8250CNY/t.
PSF：Today, eastern China poly staple fiber price continue to be down regulated. Now 1.4D*38mm direct spinning PSF mainstream ex-factory price has been down regulated to 11200-11300CNY/t.
PET Chips: China Sanfangxiang PET Chips offer is stable. Semi-bright chips cash take is offered at 10250CNY/t, and bright chips cash take is also offered at 10250CNY/t.
PFY: In China Shengze market, DTY offers are mostly down regulated by 200-300CNY/t, now DTY150D/144F six-month acceptance is offered at 15100CNY/t, FDY50D/48F cash take is offered at 15000CNY/t, DTY75D/144F cash take is offered at 17300CNY/t. Another major FDY plants offers are stabilized, with its FDY40D/24F cash take offered at 14000CNY/t, and FDY50D/48F offered at 13800CNY/t.
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