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Nov 14th Daily Review on Polyester Prices

2011-11-15
MEG:Today, Jiangsu MEG Price is offered at 8400-8450CNY/t, with the counter offer around 8300-8350CNY/t. The negotiate price of medium and small orders is estimated around 8350~8400CNY/t.  
 
PTA:Today PTA quotation in China market stabilized, with suppliers offered mainly around 8100CNY/t, the counter offer price is around 7950-8000CNY/t. Market trade atmosphere is insipid and the actual negotiate price is around 8000-8050CNY/t.
 
PSF:Today, eastern China poly staple fiber price continue to be down regulated. Now 1.4D*38mm direct spinning PSF mainstream ex-factory price has been down regulated to 10900-11000CNY/t.
 
PET Chips: Sanfangxiang PET Chips offer is stable. Semi-bright chips cash take is offered at 10250CNY/t, and bright chips cash take is also offered at 10250CNY/t.
 
PFY: In Shengze market, today, PFY price is unchanged after a price dip of 300CNY/t at the weekend. Now FDY50D/24F six-month acceptance is offered at 14100CNY/t,DTY150D/144F six-month acceptance is offered at 14700CNY/t. Another major FDY plant offers are also stabilized, with its FDY40D/24F cash take offered at 13900CNY/t, FDY50D/48F offered at 13700CNY/t. But manufacturers are tending to abolish the previous preference.
Source:168tex.com
 
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