Nov 22nd Daily Review on Polyester Prices

PTA Spot Goods: Today PTA spot goods keep stable in the overseas market, now the actual negotiating price of Taiwan cargo is about 1,070 U.S. dollars per ton, and the actual negotiating price of Korean cargo is near by 1,050-1,055 U.S. dollars per ton. In addition, PTA price also remains strong in the domestic market; the actual negotiating price is around 8,150-8,200 Yuan per ton in China, now the transaction atmosphere slightly improves in the market.

 

PSF: Today the PSF (polyester staple fiber) price is still dominated by consolidation in East China, now 1.4D*38mm spinning polyester staple fiber that the major ex-factory price focuses on 10,700-10,800 Yuan per ton in the market.

 

PET Bottle Chips: Today the polyester bottle price goes weak in the domestic market, now the major quotation is between 11,300-11,500 Yuan per ton in the domestic mainstream bottle manufacturer. At present, the transaction atmosphere is insipid, and the actual negotiation is scarce in the market.

 

PFY: Today the price of PFY (polyester filament yarn) keeps stable in China-Shengze market; for example, DTY75D/144F quoted 15,600 Yuan/Ton, and DTY150D/144F quoted 14,100 Yuan/Ton in a melting spinning factory, another main factory quoted FDY50D/24F for 14,000 Yuan/Ton. The factory reflected that the production and marketing was rebounded.