Bottle Flake & Recycled Fiber Market Morning Express (Dec 8, 2010)

Recycled bottle flakes
In Sichuan and Chongqing, recycled bottle flakes price slightly moves up and domestic white flakes for medium-grade re-PSF are traded at 7000-7200yuan/mt (pre-tax).

Cotton type re-PSF
Cotton type re-PSF market steadily moves down in Hebei. High-grade re-PSF and medium-grade re-PSF are offered at 10500yuan/mt and 9000yuan/mt, respectively.

In Sichuan and Chongqing, trading volume of medium-grade re-PSF is small and its offer declines to 10000-10500yuan/mt (with tax). Inventory increases to 10-15 days.

($=CNY6.66)

source:CCFGroup.com