Feb 23rd Daily Review on Polyester Prices

VSF: Today viscose staple fiber price declines slightly compared with yesterday in China, now the leading quotation of VSF is around 17,400-17,700 Yuan/ton. The trading atmosphere is good in the market.

CPL: Today RMB spot market of CPL is soft in China. Now the supplier quotes the goods around 23,700-23,800 Yuan/ton, the downstream bidding price is about 23,500 Yuan/ton and the actual negotiating price is around 23,500-23,700 Yuan/ton.

PFY: Today the polyester yarn price continues to be unchangeable 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. The factory said the production and marketing of PFY kept 90% or so.

PSF: Today polyester staple fiber price continues downward trends in South China, and the market leading quotation of PSF rebounds slightly. Now 1.4D*38mm direct spinning PSF quotes about 11, 950-12,050 Yuan/ton.

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

PTA: Today PTA price continues to be 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 flat.