Jan 11th Daily Review on Polyester Prices
VSF: VSF price in Jiangsu and Zhejiang province continue upward, currently, downstream buyers are mostly buy in to cover the shortage, with the strike center slightly up regulated to 16400CNY/t.
MEG：Yesterday, Jiangsu MEG Price offered around 8550CNY/t, the counter offer is around 8500-8530CNY/t and the negotiate price is around 8530-8550CNY/t.
PTA：Yesterday China PTA price is stable, with suppliers offered 8850CNY/t, the counter offer is around 8750-8800CNY/t, and the actual negotiate price is around 8800CNY/t.
PET Bottle Chips: PET bottle chips domestic offer is firm. Cash take price offered by major suppliers is around 11500-11600CNY/t, downstream counter offer is around 11450CNY/t, and the actual trade price is around 11450-11500CNY/t.
PSF: Polyester staple fiber price is mainly stable, eastern China 1.4D*38mm direct spinning PSF offer by mainstream suppliers is around 11900-12000CNY/t.
PFY: Yesterday, poly fiber price is stabilized. Now a major direct spinning plant offered FDY50D/24F at 14900CNY/t, DTY150D/144F six-month is offered 14800CNY/t. Another melt spinning plant offered bright FDY50D/36F acceptance at 16200CNY/t, semi-bright FDY50D/72F is offered 15500CNY/t.
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