Feb 8th Daily Review on Polyester Prices

PET Bottle Chips: Today the price of polyester bottle chips continues to be stable in China, the domestic leading bottle manufacturer which the major quotation is about 12,100 Yuan/ton, the downstream bidding price is around 11,900 Yuan/ton, and the actual negotiating price is near by 11,950-12,050 Yuan/ton. Now the trading atmosphere is cold, and the actual transaction is scarce.

PTA Spot Goods: Today PTA price declines slightly in the overseas market, now the suppliers that the quotation of Taiwan cargo is around 1,215-1,220 U.S. dollars/ton, the downstream bidding price is about 1,200 U.S. dollars/ton, and the actual negotiating price is around 1,205 U.S. dollars/ton. In addition, the quotation of Korean cargo is around 1,200-1,205 U.S. dollars/ton, the downstream bidding price is about 1,185-1,190 U.S. dollars/ton, and the actual negotiating price is around 1,190 U.S. dollars/ton.

CPL: Today RMB spot market of CPL is firm sharply in China. The supplier that the quotation is around 24,200-24,500 Yuan/ton, the downstream bidding price is about 24,000 Yuan/ton and the actual negotiating price is around 24,000-24,200 Yuan/ton.

VSF: Today viscose staple fiber price continues to be rising while maintaining the stability in China; now market quotation of VSF is around 17,900-18,300 Yuan/ton, due to the market trading atmosphere tends to be cold, and now the downstream which the activity is not so higher. The production and marketing was in 40-60% or so yesterday, and the shipment is stable.

MEG: Today the market spot quotation of MEG is 8,450 Yuan/ton in China-Jiangsu, the buying offer is about 8,350 Yuan/ton, and the negotiating price is around 8,400 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 or so. The factory reflected that production and marketing was rebounded in 50% or so yesterday.

PSF: Today the PSF (polyester staple fiber) price is still dominated by trends of consolidation in East China, and the center of market leading quotation tends to be stable, now 1.4D*38mm spinning polyester staple fiber that the major price focuses on 12,500-12,600 Yuan per ton.