Feb 7th Daily Review on Polyester Prices
Discussions of MEG fell in Asian. Offers with protective tariff are around 1120-1125 dollars/ton and the cargos are around 1115-1120 dollars/ton. The buying offers are around 1110 dollars/ton while the discussions are predicted around 1115 dollars/ton with CFR and L/C 90 days.
Today, the PTA price keeps steady in domestic market. Suppliers quoted the goods for 9200-9250 Yuan/ton and the downstream bidding price is around 9100-9150 Yuan/ton. The practical discussions are around 9150 Yuan/ton. The trade atmosphere is dull and the real trades are few.
The polyester bottle chips price increased in domestic market. Leading manufacturers quoted the good for 12100 Yuan/ton by cash. The downstream bidding price is around 11900 Yuan/ton and the practical discussions are around 11950-12000 Yuan/ton. The trade atmosphere is dull and the real trades are few.
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