Dec 27th Daily Review on Polyester Prices

PTA Spot Goods: Yesterday PTA price declines sharply in the domestic market, 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 8,400-8,450 Yuan/ton. In addition, the PTA price is soft in the overseas market, at present, the actual negotiating price of Taiwan cargo is about 1,105 U.S. dollars per ton; and the actual negotiating price of Korean cargo is near by 1,085-1,090 U.S. dollars per ton.

PET Bottle Chips: Yesterday the polyester bottle price maintains stable in the domestic market, the domestic leading bottle manufacturer which the major quotation is about 11,300-11,400 Yuan per ton, the downstream bidding price is around 11,200-11,250 Yuan/ton, and the actual negotiating price is near by 11,250-11,300 Yuan/ton. In addition, the PET bottle chips also continues to be stable, 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 1,450-1,470 U.S. dollars/ton (FOB China’s main port). The trading atmosphere is quiet, and the actual negotiation is limited in the market.

PSF: Yesterday the PSF (polyester staple fiber) price rises while maintaining the stable in East China, which parts of manufacturers’ quotation rises one hundred, and 1.4D*38mm spinning polyester staple fiber that the major price focuses on 11,300-11,400 Yuan per ton in the market.