Dynamic Newsflash of Polyester in China

Today the polyester price is dominated by stability in China-Shengze market, and the quotation is unchangeable in the big factory, now a major spinning factory that the quotation of FDY50D/24F is 19,200RMB per ton (acceptance for six months), and the quotation of DTY75D/144F is 21,300RMB per ton, while another melting spinning factory that the quotation of DTY150D/48F is 17,800RMB per ton. Meanwhile, another big factory that the cash quotation of FDY50D/48F is 18,800RMB per ton, and the bright FDY40D/24F offers 19,500RMB per ton. The factory reflected that the production and marketing were general in the weekend, but now the stock pressure is not big, and the factory that the intention of price adjustment is also not big.