Bottle Flake & Recycled Fiber Market Morning Express (Dec 16, 2010)

Recycled bottle flakes
In Guangdong, recycled bottle flakes market remains stalemate. Domestic white flakes are traded at 7800yuan/mt (pre-tax) while imported white flakes are traded at 8200yuan/mt.

Cotton type re-PSF
In Fujian, medium-grade re-PSF market keeps stable and its price is pegged at 9500-9800yuan/mt with tax). Inventory is low.

Re-PFY
In Zhejiang, re-PFY market remains stable. Ruling offer for POY150D is pegged at 11400-11500yuan/mt (with tax), with discounts in trading.

($1=CNY6.66)

source:CCFGroup.com