Jan 16th Daily Review on Polyester Prices

MEG: Yesterday, the quotations of MEG are around 8500-8550 Yuan/ton in Jiangsu. The buying offerings are around 8450-8500 Yuan/ton and the discussions of orders in small quantities are around 8500 Yuan/ton.

 

PTA: Yesterday, PTA price is weakly adjusting in domestic market. Suppliers quoted the goods for 8800 Yuan/ton and the downstream bidding price is around 8700-8750 Yuan/ton. The practical discussions are around 8750 Yuan/ton. 

 

PSF: Yesterday, the polyester staple fiber is mainly steady and leading quotations are basically unchanged. At present, 1.4D*38mm PSF is mainly quoted 11900-12000 Yuan/ton in East China. 

 

PET BOTTLE CHIPS: Yesterday, polyester bottle chips price is weak in overseas market. Domestic bottle chips manufacturers quoted 1530-1550 dollars/ton. The trade atmosphere is dull. Partial bidding offerings are around 1500-1510 dollars/ton and some of the discussions are around 1510-1530 dollars/ton. The practical trades are rarely heard of.