Bottle Flake & Recycled Fiber Market Morning Express (Dec 1, 2010)

Recycled bottle flakes
In Sichuan and Chongqing, re-PSF plants take low interest to purchase feedstock due to slack sales itself. Domestic white flakes are traded at 7000-7200yuan/mt (pre-tax).

Cotton type re-PSF
In Sichuan and Chongqing, sales of medium-grade re-PSF are slack and its offer is pegged at 11500yuan/mt.

Re-PFY
In Zhejiang, dragged down by virgin PFY, downstream market are cautious. Most re-PFY plants suspend offering and inventory is around 10-15 days.

$1=CNY6.68

source:CCFGroup.com