Nov 21st Daily Review on Polyester Prices
PTA price slightly increased in North China. Suppliers quoted 8200-8250 Yuan/ton. Downstream market is lack of demand. The downstream bidding price is around 8100-8150 Yuan/ton and the practical discussions are around 8150-8200 Yuan/ton.
Polyester Staple Fiber followed the weak and dropping tendency in East China. At present, leading quotation of 1.4D*38mm direct spinning PSF is around 10700-10800 Yuan/ton.
Today, polyester bottle chips price keeps steady in overseas market. Domestic manufacturers quoted the goods for 1470-1480 dollars/ton. The downstream bidding price is around 1440 Yuan/ton. The trading atmosphere is weak.
The polyester yarn price is steady in Jiangsu. A leading direct spinning manufacturer in Shengze unchanged the prices and quoted FDY 50D/24F for 13700 Yuan/ton and DTY 150D/144F for 14500 Yuan/ton.
The polyester yarn price is in stalemate in Zhejiang market. A local manufacturer in Xiao Shan decreased DTY products by 300 Yuan/ton generally and decreased 75D to 150D series of POY products by 450Yuan/ton. Now they quoted DTY 75D/144F for 15900 Yuan/ton.
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