Nov 17th Daily Review on Polyester Prices
MEG：Today, Jiangsu MEG Price is offered at 8350-8400CNY/t, with the counter offer around 8300-8350CNY/t. The negotiate price is estimated around 8300~8350CNY/t.
PTA：Today PTA quotation in China market stabilized, with suppliers offered around 8100CNY/t, the counter offer price is around 8000CNY/t. Market trade atmosphere is insipid and the actual negotiate price is around 8050CNY/t.
PSF：Today, eastern China poly staple fiber price is still in stalemate. Now 1.4D*38mm direct spinning PSF mainstream ex-factory price is mainly offered at 10900-11000CNY/t.
PET Chips: 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 Shengze market, today, PFY price is mostly unchanged. Now FDY50D/24F six-month acceptance is offered at 13900CNY/t, FDY50D/48F six-month acceptance is offered at 14000CNY/t, DTY150D/144F six-month acceptance is offered at 14700CNY/t. Another major melt spinning plant FDY150D/48F cash take is offered at 12900CNY/t, bright FDY50D/36F cash take is offered at 15000CNY/t.
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