Jan 17th Daily Review on Polyester Prices

CPL: Yesterday RMB spot market of CPL is basically stable in China. The supplier quotes around 23,500 Yuan/ton, the downstream bidding price is about 23,000 Yuan/ton and the market negotiating price is around 23,200-23,500 Yuan/ton.

 

VSF: Yesterday the market price of VSF is 16,600-17,000 Yuan/ton; parts of factory begin to stop order, doing the finishing working before the year, and the long transportation service begin to stop step by step.

 

PSF: Yesterday the PSF (polyester staple fiber) price appears the rising trend slightly in East China, and the center of leading quotation has adjusted slightly in the market, 1.4D*38mm spinning polyester staple fiber that the major price focuses on 12,000-12,100 Yuan per ton.

 

PTA Spot Goods: Yesterday PTA spot goods is flat in the domestic market, the supplier that the quotation is around 8,800-8,850 Yuan/ton, the downstream bidding price is about 8,750 Yuan/ton, and the actual negotiating price is near by 8,750-8,800 Yuan/ton.

 

MEG: Yesterday the quotation of MEG is 8,550-8,600 Yuan/ton in China-Jiangsu, the buying offer is 8,500-8,530 Yuan/ton, and the negotiating price is 8,530-8,550 Yuan/ton.