Feb 6th 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 11,900 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 is stable in the overseas market, now the suppliers that the quotation of Taiwan cargo is around 1,205-1,210 U.S. dollars/ton, the downstream bidding price is about 1,195-1,200 U.S. dollars/ton, and the actual negotiating price is around 1,200-1,205 U.S. dollars/ton. In addition, the quotation of Korean cargo is around 1,185-1,190 U.S. dollars/ton, the downstream bidding price is about 1,180 U.S. dollars/ton, and the actual negotiating price is around 1,180-1,185 U.S. dollars/ton.

 

CPL: Today RMB spot market of CPL tends to be cold in China. The supplier that the quotation is around 23,800-24,000 Yuan/ton, the downstream bidding price is about 23,600-23,700 Yuan/ton and the actual negotiating price is around 23,800 Yuan/ton.

 

VSF: Today market price of viscose staple fiber is rising slightly while maintaining the stability in China; now the leading quotation is around 17,800-18,000 Yuan/ton in the market, the lower is 17,500 Yuan/ton.

 

MEG: Today the market spot quotation of MEG is 8,530-8,550 Yuan/ton in China-Jiangsu, the buying offer is about 8,450-8,550 Yuan/ton, and the negotiating price is around 8,500 Yuan/ton.

 

PFY: Today the polyester filament yarn price continues to be stable in China-Tongxiang market, now cash quotation of DTY150D/48F is 13,800 Yuan/ton in a leading factory, the cash quotation of DTY150D/144F is around 14,700 Yuan/ton, and POY150D/144F quotes 12,950 Yuan/ton. The factory reflects that production and marketing was rebounded in 60% or so during the weekend.

 

PSF: Today the PSF (polyester staple fiber) price is still dominated by stability 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.