Bottle Flake & Recycled Fiber Market Morning Express (Dec 27, 2010)

Recycled bottle flakes
In Guangdong, affected by tight supply and hiking cost, recycled bottle flakes price moves up and domestic white flakes are traded at 8100-8150yuan/mt (pre-tax).

In Zhejiang, re-PSF sales turns better and purchasing demand of recycled bottle flakes increases. Domestic white flakes are traded at 8100-8300yuan/mt (pre-tax).

Cotton type re-PSF
In Zhejiang, most high-grade re-PSF plants stabilizes offer and its ruling offer is pegged at 10500-11000yuan/mt (with tax).

Hollow re-PSF
In Zhejiang, sales of 3-hollow re-PSF are moderate and its traded price is pegged at 10800-11000yuan/mt (siliconized, with tax).

In Guangdong, sales of 3-hollow re-PSF are modest and some plants plan to raise offer due to hiking feedstock.

Re-PFY
In Zhejiang, some re-PFY plants raise offer by 100yuan/mt and ruling offer for POY150D is pegged at 11500-11600yuan/mt (with tax).

$1=CNY6.63

source:CCFGroup.com