The Comment On PTA, MEG, Polyester Price On May, 16
Author: Leila Zhang May 16, 2011 17:07
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Today, the PTA price is steady in domestic and overseas market, the suppliers quoted between 9,550 to 9,600 Yuan/Ton. In overseas market, the Taiwan cargo offer price is about 1,230 USD/ton, and the Korean goods offer price is about 1,210 USD/Ton. The transaction atmosphere is OK and the practical negotiation is normal.
Today, the MEG offer price is still about 8,650 Yuan/Ton in domestic market.
The price of semi-dull polyester chips dropped today, the main acceptance price is about 12,200 Yuan/Ton, and the negotiating cash price is between 11,900-12,000 Yuan/Ton.
The price of polyester yarns is steady in Jiangsu and Zhejiang market, only a few factories adjust the price slightly. A local big factory in ShengZe quoted FDY 50D/24F for 16,100 Yuan/ton (6 mouth acceptance), and another main factory in XiaoShan quoted FDY66D/24F for 14,300 Yuan/Ton. Influenced by the restriction of cash flow on weekend, the transaction situation is improved compared to last weekend.
The PSF price dropped slightly, and the price of 1.4D multiply 38 mm direct spinning PSF dropped to 12,700 to 12, 900 Yuan/Ton.
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Editor: LingWeiRong From: 168Tex.com
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