Feb 2nd Daily Review on Polyester Prices

PET Bottle Chips: Today the price of polyester bottle chips keeps stable in China, the domestic leading bottle manufacturer which the major quotation is about 12,000 Yuan/ton, the downstream bidding price is around 11,800 Yuan/ton, and the actual negotiating price is near by 11,900-11,950 Yuan/ton. Now the trading atmosphere is cold, and the actual transaction is few.

 

PTA Spot Goods: Today PTA price also basically tends to be stable in the overseas market, now the suppliers that the quotation of Taiwan cargo is around 1,215-1,200 U.S. dollars/ton, the downstream bidding price is about 1,210 U.S. dollars/ton, and the actual negotiating price is around 1,210-1,215 U.S. dollars/ton. The quotation of Korean cargo is around 1,200-1,205 U.S. dollars/ton, the downstream bidding price is about 1,190 U.S. dollars/ton, and the actual negotiating price is around 1,190-1,195 U.S. dollars/ton.

 

CPL: Today RMB spot market of CPL starts to be raised in China. The market sporadic quotation is around 23,500-24,000 Yuan/ton, the downstream bidding price is about 23,400 Yuan/ton and the actual negotiating price is around 23,500-23,700 Yuan/ton.

 

VSF: Today parts of Viscose Staple Fiber factory which their quotation continues to be raised again in China, at present, the leading quotation rises to 17,300-17,600 Yuan/ton in the market, the center of transaction is also rising, and the trading atmosphere is general.

 

MEG: Today the market spot quotation of MEG is 8,600-8,650 Yuan/ton in China-Jiangsu, the buying offer is about 8,550 Yuan/ton, and the negotiating price is around 8,600 Yuan/ton.

 

PFY: Today the polyester filament yarn price keeps stable in China-Wuxi market, now cash quotation of FDY42D/24F is 14,700 Yuan/ton in a leading factory, and the cash quotation of semi-bright FDY61D/24F is around 13,700 Yuan/ton. The factory reflects that the inquiry atmosphere is general in the market.

 

PSF: Today the PSF (polyester staple fiber) price still maintains stable and strong situation in East China, and the center of market leading quotation is more stable, now 1.4D*38mm spinning polyester staple fiber that the major price focuses on 12,500-12,600 Yuan per ton.