Feb 22nd Daily Review on Polyester Prices

PFY: Today the polyester yarn price continues to be stable in China-Taicang market, now cash quotation of POY75D/72F is 13,600 Yuan/ton, and POY150D/144F is about 12,950 Yuan/ton. The factory reflected that the production and marketing was rebounded 60% or so.

VSF: Today viscose staple fiber price continues to go weak while maintaining the stability in China, now the leading quotation of VSF is around 17,500-17,800 Yuan/ton. The market demands are not big, and the production and marketing is relatively low.

PSF: Today the leading quotation of polyester staple fiber continues to be weak in South China. Among which 1.4D*38mm direct spinning PSF quotes about 12, 150-12,250 Yuan/ton.

MEG: Today the leading quotation of MEG is about 8,250 Yuan/ton in China-Jiangsu market, the buying offer is about 8,200 Yuan/ton, and the negotiating price is around 8,230-8,250 Yuan/ton.

PTA: Today PTA price is stable in China, now the supplier quotes the goods at 9,050 Yuan/ton, the downstream bidding price is about 8,950 Yuan/ton, and the negotiating price is about 8,950-9,000 Yuan/ton. The trading atmosphere is general.