Nov 11th Daily Review on Polyester Prices

PTA: PTA price is mild in North China. Suppliers quoted the goods for 8050-8100 Yuan/ton. The bidding price is around 8000 Yuan/ton and the practical discussions are around 8050 Yuan/ton.

 

MEG: The quotations are around 8400 Yuan/ton in Jiangsu MEG market. Inquiry of orders in small quantities is around 8300-8350 Yuan/ton and the discussions are around 8350-8400 Yuan/ton.

 

PSF: Polyester Staple Fiber continues to decrease in East China. At present, 1.4D*38mm direct spinning PSF decreased to 11000-11100 Yuan/ton.

 

PFY: In downstream market, more and more manufacturers chose to shut down the devices as the sales were unsatisfying. The PFY price continues to drop in Jiangsu market. Now a leading manufacturer in Shengze decreased DTY products by 100-300 Yuan/ton generally. Now they quoted DTY 75D/72F light web for 15800 yuan/ton.