Dec 21st Daily Review on Polyester Prices

PTA Spot Goods: Today PTA price rises in the domestic market, now the supplier that the quotation is around 8,450-8,500 Yuan/ton, the downstream bidding price is 8,400 Yuan/ton, and the actual negotiating price is about 8,450 Yuan/ton. In addition, the PTA price is also raised in the overseas market, at present, the actual negotiating price of Taiwan cargo is about 1,090 U.S. dollars per ton; and the actual negotiating price of Korean cargo is near by 1,075 U.S. dollars per ton.

PET Bottle Chips: Today the polyester bottle price keeps 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 11,200-11,300 Yuan/ton. In addition, the PET bottle chips also maintains stable, now the domestic leading bottle manufacturer which the major quotation is about 1,470-1,500 U.S. dollars/ton (FOB China’s main port), the downstream bidding price is around 1,440-1,450 U.S. dollars/ton, and the actual negotiating price is near by 1,460-1,470 U.S. dollars/ton (FOB China’s main port). Now the trading atmosphere is quiet, and the actual negotiation is limited in the market.

PFY: As a whole, the polyester yarn price goes stable in China-Tongxiang market, now a local leading factory that cash quotation of FDY150D/48F is 13,600 Yuan/ton, and POY150D/144F quoted 13,550 Yuan/ton. The factory reflects that the production and marketing was in 80% or so.