Bottle Flake & Recycled Fiber Market Morning Express (Dec 14, 2010)

Recycled bottle flakes
Recycled bottle flakes are cautious to sell at low price and market is involved in stalemate in Zhejiang. Domestic white flakes are traded at 8000yuan/mt (pre-tax).

Cotton type re-PSF
In Cixi, 2-hollow re-PSF sales are slack and plants revise offer down to 10000-10100yuan/mt (whitening, siliconized, with tax).

In Jiangsu, Jiangnan Chemical Fiber revises re-PSF offer down by 100yuan/mt. high-grade re-PSF, medium-grade re-PSF, low-grade re-PSF and 3-hollow re-PSF is 10500yuan/mt, 10300yuan/mt, 9700yuan/mt and 10400yuan/mt, respectively.

Re-PFY
In Zhejiang, re-PFY offer stabilizes on the whole and POY150D is offered at 11400-11500yuan/mt (with tax).

$1=CNY6.65

source:CCFGroup.com