Dec 19th Daily Review on Polyester Prices

PTA Spot Goods: Today PTA price keeps stable in the domestic market, now the supplier that the quotation is around 8,400-8,450 Yuan/ton, the downstream bidding price is 8,300-8,350 Yuan/ton, and the actual negotiating price is about 8,350-8,400 Yuan/ton. In addition, the PTA price is also stable in the overseas market, at present, the actual negotiating price of Taiwan cargo is about 1,080 U.S. dollars per ton; and the actual negotiating price of Korean cargo is near by 1,065-1,070 U.S. dollars per ton.

PSF: Today the PSF (polyester staple fiber) price is dominated by consolidation in East China, which most of manufacturers’ quotation tends to be stable, and now 1.4D*38mm spinning polyester staple fiber that the major price focuses on 11,200-11,300 Yuan per ton in the market.

PET Bottle Chips: Today the polyester bottle price maintains stable in the domestic market, now the domestic leading bottle manufacturer which the major quotation is about 11,300-11,400 Yuan per ton, the downstream bidding price is around 11,200 Yuan/ton, and the actual negotiating price is near by 11,200-11,350 Yuan/ton. Now the trading atmosphere is quiet, and the actual negotiation is limited in the market.

PFY: As a whole, the polyester yarn price keeps stable in China-Shaoxing market, now cash quotation of FDY120D/96F is 13,100 Yuan/ton in a local leading FDY factory, and the cash quotation of FDY150D/96F is 12,600 Yuan/ton. The factory reflects that the inventory pressure is not big, although the sales go lower.