Bottle Flake & Recycled Fiber Market Morning Express (Nov 25, 2010)

Recycled bottle flakes
In Hebei, price of recycled bottle flakes slightly moves down. Domestic white flakes are traded at 7500-7800yuan/mt (cold water, pre-tax).

Cotton type re-PSF
In Hebei, cotton type re-PSF offer stabilizes. High-grade re-PSF and medium-grade re-PSF is offered at 11000-12000yuan/mt (pre-tax) and 10000-10500yuan/mt (pre-tax), respectively.

Jiangsu Jiangnan Chemical Fiber revises re-PSF offer down again. Offer for high-grade, medium-grade, low-grade and 3-hollow re-PSF is pegged at 13000yuan/mt, 12800yuan/mt, 12200yuan/mt and 12800yuan/mt, respectively.

In Jiangsu and Zhejiang, high-grade re-PSF offer is pegged at 14000yuan/mt (high-tenacity, low-elongation, with tax). Deal is rare.

Re-PFY
In Zhejiang, re-PFY price gradually stabilizes and POY150D is offered at 12500-13000yuan/mt (with tax).

$1=CNY 6.66

source:CCFGroup.com