Weekly Report on Bulk Textile Material, Jan.3-6

This week, international oil price recovered unevenly.Ended by Thursday, NY oil February futures closed at 53.76 dollars/bbl, Brent March futures closed at 56.89 dollars/bbl. In addition, ended by Thursday, PX Asian Price declined to 850 dollars/ton FOB Korea and 870 dollars/ton CFR china.

As for PTA, under the influence of futures,cost and demand, PTA price declined slightly this week. Ended by Friday, the quotation was about 5,200 Yuan/ton and 635 dollars/ton in domestic market and overseas market respectively.

About PET chips, the prices were in weak consolidation in Jiangsu and Zhejiang market. The operating rate went down.

As for PFY,ended by Friday, the discussion prices of FDY 50D/24F were about 12,010 Yuan/ton,75D/36F were 11,110 Yuan/ton and DTY 150D/144F were 11,010 Yuan/ton.

In addition, as for operating rate, approached the end of the year, some PET factories maintained the equipment moderately.