Feb 14th Daily Review on Polyester Prices

PFY：Today PFY price keeps steady in China-Shengze, now accepted quotation of FDY50D/24F is 15,500 Yuan/ton and DTY150D/144F is 15,100 Yuan/ton within six months in a direct spinning factory. In addition, the accepted quotation of bright FDY50D/36F is 16,800 Yuan/ton and semi-bright FDY50D/24F is 15,600 Yuan/ton in another melt spinning factory. Moreover, cash quotation of FDY50D/48F is 14,600 Yuan/ton and quotation of bright FDY50D/36F is 14,600 Yuan/ton in another FDY factory. The local manufacturers reflected that sales was rebounded yesterday, which the production and marketing was increased to 70%-80%, and the inventory was raised to 12-18 days.

 

PSF：Today the production and marketing of domestic PSF manufacturers is still not optimistic in China, which it keeps between 30% and 40%, or even lower as 20% or higher as 50%, the center price of transaction continues to decline.

 

VSF：Today VSF price tends to weak while maintaining the stability in China, the suppliers’ quotation still keeps in 17,800-18,300 Yuan/ton. It is learned that the production and marketing of VSF manufacturers was normal, while the downstream market is more focuses on consuming the raw materials of inventory and still showed wait-and-see attitude.

 

PET Chips：Today semi-bright PET Chips price continues to be stable in China-Zhejiang Rongsheng factory, which the accepted quotation is 11,500 Yuan/ton within three months, the manufacturers reflected that the production and marketing was flat recently, and the downstream market is prefer to show a wait-and-see attitude.