Nov 23rd Daily Review on Polyester Prices
MEG：Today, Jiangsu MEG Price is offered around 8250CNY/t, with the counter offer around 8200CNY/t. The negotiate price is estimated around 8200~8250CNY/t.
PTA：Today PTA quotation in China market is generally increased by a hundred Yuan, with suppliers offered around 8250-8300CNY/t, the counter offer price is around 8200CNY/t. Market sale is well and the actual negotiate price is around 8550CNY/t.
PSF：Today, eastern China PSF price is still in stalemate. Now 1.4D*38mm direct spinning PSF mainstream ex-factory price is mainly offered at 10700-10800CNY/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 went down. Now a major direct spinning FDY plants has reduced the price by 200CNY/t, and DTY price is mostly reduced by 300-400CNY/t. Now FDY50D/24F six-month acceptance is offered at 13500CNY/t, DTY150D/144F six-month acceptance is offered at 14200CNY/t. Another major FDY plants quotation is temporary stabilized. FDY40D/24F cash take is offered at 13900CNY/t and FDY50D/48F is offered at 13500CNY/t.
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