Dec 8th Daily Review on Polyester Prices
MEG：Today, Jiangsu MEG Price is offered around 8500CNY/t, with the counter offer around 8400-8450CNY/t. The negotiate price is estimated around 8500CNY/t.
PTA：Today PTA quotation in China market is stable, with suppliers offered around 8500CNY/t, the counter offer is around 8450CNY/t, and the actual negotiate price is around 8450-8500CNY/t.
PSF：Today, eastern China PSF offer continues upward. Now 1.4D*38mm direct spinning PSF mainstream ex-factory is offered around 11200-11300CNY/t.
PET Chips: Sanfangxiang PET Chips offer is stable. Semi-bright chips cash take is offered at 10400-10500CNY/t, and bright chips cash take is offered at 10600CNY/t.
PFY: Today, PFY price in Shengze market slightly upward. A major direct spinning plant of the local region has increased some of its FDY prices by a hundred China Yuan. Now FDY50D/24F six-month acceptance is offered 14000CNY/t, FDY75D/144F six-month acceptance is offered 13700CNY/t, DTY 150D/144F six month acceptance is offered 14100CNY/t. Another major FDY plant offer is increased by 100-200CNY, with its FDY50D/36F cash take offered 14000CNY/t, FDY50D/48F cash take offered 13600CNY/t.
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