Mar 14th Daily Review on Polyester Prices

PSF: Today the leading quotation of polyester staple fiber is unchangeable in South China. Among which 1.4D*38mm direct spinning PSF quotes around 11, 550-11,650 Yuan/ton by cash and with delivery. In addition, the market price of polyester staple fiber continues to be consolidated in East China, and the center of quotation also keeps stable, now 1.4D direct spinning PSF quotes around 11,450-11,550 Yuan/ton.

PTA: Today PTA price continues to decrease in China, which the supplier quotes the goods at 8,900 Yuan/ton, the downstream bidding price is around 8,800-8,850 Yuan/ton, and the actual negotiating price is about 8,850 Yuan/ton. The trading atmosphere tends to be weak, and there are little negotiations.

MEG: Today the market price of MEG is around 7,750-7,800 Yuan/ton in China-Jiangsu market, the buying offer is 7,700-7,730 Yuan/ton, and the negotiations are uncertain.PFY: Today the price of polyester yarn goes stable in China-Tongxiang market, and now the cash quotation of DTY150D/144F is 14,100 Yuan/ton in a local leading company, DTY150D/48F is around 13,200 Yuan/ton, and POY150D/144F is 12,200 Yuan/ton.PET Bottle Chips: Today the price of polyester bottle chip is stable in China. Now the leading manufacturer quotes the goods at 11,900-12,000 Yuan/ton by cash and with delivery, the downstream bidding price is around 11,800 Yuan/ton, and the actual negotiating price is about 11,850-11,900 Yuan/ton. The trading atmosphere is cold, and there are little negotiations.