Bottle Flake & Recycled Fiber Market Morning Express (Dec 7, 2010)

Recycled bottle flakes
In Hebei and Henan, recycled bottle flakes supply declined and the plants raise price for domestic white flakes to 7200-7500yuan/mt (cold water). But downstream market shows little interest.

Hollow re-PSF
In Jiangsu, trading volume of 3-hollow re-PSF is less and plants’ inventory increases to 20 days. It offer is temporarily at 10900-11200yuan/mt (siliconized, with tax).

In Cixi, offer for 2-hollow re-PSF for whitening ones temporarily stabilizes at 10500-10700yuan/mt (siliconized, with tax).

Re-PFY
In Zhejiang, re-PFY sales are moderate and most plants stabilize offer.

($1=CNY6.66)

source:CCFGroup.com