Polyester Price Tends to Raise in China

Today the polyester price tends to rise in China-Shengze market, although the local major factory that product quotation is unchangeable, and a local spinning factory that the price raises sharply, now the discount price rises to 300RMB per ton within three months, and it rises 600RMB per ton within six months. At present, the quotation of DTY75D/72F is 21,400RMB per ton, and the quotation of POY75D/72F is 17,800RMB per ton, however, another melting spinning factory that the low-elastic quotation of DTY150D/48F is 17,900RMB 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 recently the sales were better, and the major factory that the stocks were about ten days or so, now there isn’t basically stock pressure.