Feb 13th Daily Review on Polyester Prices

PTA Spot Goods: Today PTA price keeps stable 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 1,200-1,205 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 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 is soft in China. The supplier that the quotation is around 24,300-24,500 Yuan/ton, the downstream bidding price is about 24,000 Yuan/ton and the actual negotiating price is around 24,000-24,300 Yuan/ton.

VSF: Today viscose staple fiber price continues to the rising trends in China; now leading quotation of VSF 1.5D is around 17,700-18,300 Yuan/ton. The production and marketing was general last weekend.

MEG: Today the market quotation of MEG is 8,350-8,400 Yuan/ton in China-Jiangsu, the buying offer is about 8,300-8,350 Yuan/ton, and the negotiating price is around 8,350 Yuan/ton.

PFY: Today the polyester filament yarn price is unchangeable in China-Taicang market, now cash quotation of POY75D/72F is 13,600 Yuan/ton in a local leading factory, POY150D/144F is around 12,950 Yuan/ton. The factory reflects the inquiry atmosphere tends to be weak.