PET fiber chip market presents plain this morning. As Nov PET fiber chip contract will possibly be settled at 12800yuan/mt this week. In spot market, transactions remain dull. SD chips are talked at 12000yuan/mt in Zhejiang, with cargoes of traders talked lower at 11800yuan/mt. A few medium and small volume deals are closed at 11800yuan/mt by cash or 90 day acceptance. Bright chip market is also in looking-on sentiment, with talked level at 11800-12000yuan/mt.


$1=CNY6.66

source:CCFGroup