Polyester Staple Fiber Market Morning Express (Dec 21, 2010)

Direct-spun PSF offer temporarily stabilizes and its ruling offer is 12300yuan/mt, delivered inside province in Zhejiang and Fujian. Zhejiang Yuandong Chemical Fiber stabilizes offer at 12430yuan/mt by cash, delivered inside province and 12510yuan/mt, delivered outside province, against traded price at 12200yuan/mt. Zhejiang Kangxin offers at 12200yuan/mt by cash, ex-work.

In Jiangsu, Jiangnan Chemical Fiber stabilizes at 12300yuan/mt by cash, ex-work, against traded price down to 12100yuan/mt by cash, ex-work.

$1=CNY6.66

source:CCFGroup.com