July 11th, 2011 Daily Review on Polyester Prices

2011-7-12

 

The PTA domestic market is stable today, the suppliers’ offer is at 9100 RMB/T and the practical negotiated price is at 9050 RMB/T. The abroad market is flat. The Taiwan cargo offers around 1150-1155 USD/T, the practical negotiated price is about 1170 USD/T. Korea cargo quotes at 1150-1155 USD/T, and the practical negotiated price is about 1150 USD/T.

 

MEG: Today the MEG market is consolidated. Some domestic quotation is at 9300-9350 RMB/T, the practical offer of shipping cargo in overseas market is at 1220 USD/T.  

 

Downstream Market: today the domestic market of PET Bottle Chip is flat, mainstream price from the main manufactories is around 12000 RMB/T (cash, factory price). In China Jiangsu and Zhejiang market, the offer of semi-dull polyester chips from mainstream factories raises a bit. The discussion price is around 12000-12200 RMB/T (cash acceptance) .The mainstream factory price of polyester spun yarn 1.4D*38mm in East China market is weak and the price is around 12500-12600 RMB/T.

Source:168Tex.com