Bottle Flake & Recycled Fiber Market Morning Express (Nov 24, 2010)

Recycled bottle flakes
Affected by re-PSF price drops, price of domestic white recycled bottle flakes in Guangdong declines to 8000yuan/mt (pre-tax). In Sichuan and Chongqing, domestic white flakes declines to 7800-8000yuan/mt (pre-tax).

Cotton type re-PSF
In Sichuan and Chongqing, sales of medium-grade re-PSF are slack and plants' inventory increases to 7-10 days. Offer of medium-grade re-PSF declines to 11500yuan/mt (with tax).

Re-PFY
In Zhejiang, re-PFY offer temporarily stabilizes this morning and plants’ finish products inventory increases to 4-7 days. Deal is rare.

source:CCFGroup