Mar 7th Daily Review on Polyester Prices

PET Bottle Chips: Today the price of polyester bottle chips keeps stable in China. Now the leading manufacturer quotes the goods at 12,000-12,100 Yuan/ton, the downstream bidding price is around 11,850-11,900 Yuan/ton, and the actual negotiating price is about 11,900-12,000 Yuan/ton. The trading atmosphere is cold, and there are little negotiations.

 

PSF: Today the leading quotation of polyester staple fiber continues to be stable in South China. Among which 1.4D*38mm direct spinning PSF quotes around 11, 650-11,750 Yuan/ton by cash and with delivery.

 

PTA: Today PTA price decreases in China, which the supplier quotes the goods at 9,050-9,100 Yuan/ton, the downstream bidding price is around 9,000 Yuan/ton, and the actual negotiating price is about 9,000-9,050 Yuan/ton. The trading atmosphere is cold, and there are little negotiations.

 

MEG: Today the market quotation of MEG is around 8,050-8,100 Yuan/ton in China-Jiangsu market, the buying offer is about 8,000 Yuan/ton, and the actual negotiations are around 8,050 Yuan/ton.

 

CPL: Today RMB spot market of CPL tends to be weak. Now the supplier quotes the goods around 23,200 Yuan/ton, the downstream bidding price is about 22,800-23,000 Yuan/ton and the actual negotiating price is around 23,300 Yuan/ton.

 

PFY: Today the price of polyester yarn is unchangeable in China-Shaoxing market, now cash quotation of FDY55D/72F is 13,710 Yuan/ton in a local leading factory and FDY150D/96F is about 12,310 Yuan/ton. There is preferential ranging from 50-200 Yuan/ton.