July 26th, 2011 Daily Review on Polyester Prices

Poly Filament: Poly filament fiber price continue upward in China market. The major direct spinning plants quotation has increased by 100CNY, now FDY50D/24F acceptance price is 17400CNY/t,DTY75D/144F acceptance price is 19900CNY/t,bright FDY 50D/36F acceptance price is 17500CNY/t,semi-bright FDY55D/24F acceptance price is 17400CNY/t. Also some ther major plants kept quotation unchanged, today FDY40D/24F cash take price is 16600CNY/t, semi-bright FDY50D/48F cash take price is 17000CNY/t,FDY50D/24F cash take price is 16900CNY/t, POY150D/144F spot exchange price is 15300CNY/t. Manufacturers reflect the production and consumption rate is good, yesterday, the rate was 120%.

 

PTA: Today, PTA quotation abroad increased slighly, Taiwan goods is quoted at $1210-1215/t,Korean goods is quoted around $1185/t,while PTA quotation in China market keeps firm, suppliers offer the price of 9400CNY/t, but the market trade atmosphere is still cold, and real trade is rare.

 

MEG: The morning MEG quotation in China market is opened at 9380-9400CNY/t.

 

Poly Staple Fiber: Poly staple fiber price in China continue stably upward, among which, the 1.4D*38mm direct spinning poly staple fiber mainstream EXW price is increased to 12700-12800CNY/t.

 

PET Chips: Semi-bright chips price keeps stable, the mainstream cash take price is mainly around 12400-12500CNY/t,and the bright chips cash take price is mainly around 12000-12100CNY/t.

 

PET Bottle Chips: PET bottle chips quotation abroad keeps firm, domestic suppliers’quotation is around $1630-1640/t, FOB China port, the counter offer price is around $1600/t, and strike price keeps around $1610-1620/t, FOB China port. Eastern China quotation stabilized, domestic PET bottle chips mainstream is quoted at 12700CNY/t, counter offer price is 12550CNY/t and the strike price is 12550-12650CNY/t.

 

Viscose Fiber：Viscose staple fiber price is basically stable, the market center price is 17900CNY/t.

 

Cotton/Yarn: Recently, cotton market is depressed. Now 32S knit mainstream is around 28000/t, the combed mainstream price is 32500CNY/t, which is unsalable, and the domestic 329 grade lint cotton mainstream price is around 21000-21500CNY/t.