Feb 20th Daily Review on Polyester Prices

PSF: Today the leading quotation of PSF (polyester staple fiber) declines slightly in South China. Among which 1.4D*38mm direct spinning PSF quotes 12, 200-12,300 Yuan/ton.

MEG: Today the leading quotation of MEG is about 8,250 Yuan/ton in China-Jiangsu market, the buying offer is about 8,150-8,200 Yuan/ton, and the negotiating price is around 8,200-8,250 Yuan/ton.

CPL: Today RMB spot market of CPL is flat in China. Now the supplier quotes around 23,700-24,000 Yuan/ton, the downstream bidding price is about 23,500 Yuan/ton and the actual negotiating price is around 23,600-23,700 Yuan/ton.

PTA Spot Goods: Today PTA price goes lower slightly in the overseas market, now the actual negotiating price of Taiwan cargo is around 1,180 U.S. dollars/ton, and the actual negotiating price of Korean cargo is around 1,165 U.S. dollars/ton.

PET Bottle Chips: Today PET bottle chips price goes lower in China, which the domestic leading bottle manufacturer quotes about 12,000-12,100 Yuan/ton, the downstream bidding price is around 11,900 Yuan/ton, and the actual negotiating price is near by 11,950-12,000 Yuan/ton. Now the trading atmosphere is soft, and the actual transaction is general.

PFY: Today the polyester filament yarn price continues to stabilize in China-Tongxiang market, now cash quotation of DTY150D/48F is 13,800 Yuan/ton, DTY150D/144F is about 14,700 Yuan/ton, and POY150D/144F is around 13,000 Yuan/ton.