Polyester Staple Fiber Market Morning Express (Dec 27, 2010)

In Jiangsu, Sanfangxiang Chemical Fiber raises direct-spun PSF offer by 100yuan/mt to 12500yuan/mt by cash, ex-work.

Jiangsu Huahong raises direct-spun PSF offer by 100yuan/mt to 12600yuan/mt by cash, delivered outside province. Meanwhile, offer for bright 1.2D and CDP ones moves up to 12900yuan/mt and 13600yuan/mt, respectively. Besides, offer for spun-lance and optical whitening is pegged at 12700yuan/mt and 13100yuan/mt, respectively.

In Zhejiang, Yuandong Chemical Fiber raised direct-spun PSF offer by 50yuan/mt last weekend. This morning, PSF offer moves up by 150yuan/mt to 12430yuan/mt by cash, delivered inside province and 12510yuan/mt, delivered outside province.

$1=CNY6.63

source:CCFGroup.com