Bottle Flake & Recycled Fiber Market Morning Express (Dec 28, 2010)

Recycled bottle flakes
In Jiangsu, re-PSF plants increase purchasing demand on bottle flakes but high-price purchasing is still cautious. Domestic white flakes are traded at 8100-8300yuan/mt (pre-tax).

Cotton type re-PSF
In Jiangsu, cotton type re-PSF sales turn better and some plants raise offer by 100-200yuan/mt. High-grade re-PSF offer is pegged at 10000-10200yuan/mt (with tax).

Jiangsu Jiangnan Chemical Fiber generally raises re-PSF offer by 100yuan/mt to 10600yuan/mt for high-grade re-PSF, 10400yuan/mt for medium-grade re-PSF, 9800yuan/mt for low-grade re-PSF and 10500yuan/mt for 3-hollow re-PSF.

Hollow re-PSF
In Jiangsu, some 3-hollow re-PSF plants raise lower offer by 100-300yuan/mt to 10800-10900yuan/mt (siliconized, with tax), with lower at 10500-10600yuan/mt.

Re-PFY
In Zhejiang, re-PFY sales are smooth and its offer moves up by 200yuan/mt. Ruling offer for POY150D is pegged at 11800yuan/mt (with tax).

$1=CNY6.63

source:CCFGroup.com