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Daily Review on Polyester Prices (4th Nov)

2011-11-7
MEG:China Jiangsu MEG price was offered at 8700CNY/t, with the counter offer around 8600-8650CNY/t. Negotiate price of small and medium order is estimated around 8650-8700CNY/t.
 
PTA: PTA China market went weak, with suppliers offered 8500CNY/t, counter offer 8300-8350CNY/t. Market trade atmosphere is insipid and the strike price is around 8400CNY/t.
 
PSF:Today, eastern China PSF price continue to weakened, now, 1.4D*38mm direct spinning poly staple fiber, ex-factory price has been down regulated to 11700-11800CNY/t.
 
PFY:Polyester filament yarn price today is mainly stable for there was a big price reduction yesterday. FDY50D/24F six-month acceptance is offered at 15300CNY/t, DTY150D/144F six-month acceptance is offered at 15900CNY/t. While another melt spinning plant offered DTY50D/48F cash take at 15000CNY/t, DTY75D/144F cash take at 17300CNY/t.
Source:168tex.com
 
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