Bottle Flake & Recycled Fiber Market Morning Express (Nov 12, 2010)

Recycled bottle flakes
In Fujian, selling pace of recycled bottle flakes quickens, affected by polyester drops. However, re-PSF producers mostly adopt wait and see attitude and traded price declines. Domestic white flakes are traded at 9500yuan/mt (pre-tax).

Cotton type re-PSF
In Jiangsu, offer of cotton type re-PSF temporarily keeps stable and most plants focus on digesting previous orders. Affected by limit-down PTA futures and cotton futures, rare deal is heard in cotton type re-PSF market.

Re-PFY
In Zhejiang, some re-PFY plants suspend offering and other offers at 15000yuan/mt for POY150D.


$1=CNY6.62

source:CCFGroup.com