Jan 6th Daily Review on Polyester Prices

Yesterday, PTA price increased greatly in domestic market. Suppliers quoted the goods for 8850 Yuan/ton. Some bidding price in the downstream market is around 8750-8800 Yuan/ton. The practical discussions are around 8800 Yuan/ton.

 

Yesterday, CPL price increased in China. Some quotations are around 23000-23200 Yuan/ton. The downstream bidding price is around 22800 Yuan/ton and the discussions are around 22800-23000 Yuan/ton.

 

Leading quotations of polyester yarn manufacturers in Shengze are stable. A local direct spinning manufacture increased FDY products for 100 Yuan/ton and quoted FDY 50D/24F for 14900 Yuan/ton and DTY 150D/144F for 14700 Yuan/ton with 6-month acceptance. Another melt spinning manufacturer quoted bright FDY 50D/24F for 16100 Yuan/ton and semi-dull FDY 50D/72F for 15400 Yuan/ton.