Today the Polyester Price is Rising While Maintaining Stability in China

Today the polyester price keeps stable at China-Shengze market, and the individual factory offers sporadic rise. Now the semi-bright FDY which the individual specification raises 100-300RMB per ton at the local melting spinning factory, while another spinning factory that the quotation maintains stable, now FDY50D/48F offers 19,600RMB per ton (acceptance for six months). At the same time, the price is also unchangeable in another big factory, now the cash offer of FDY50D/48F is 18,800RMB per ton. The factory reflected that the sales were general yesterday, and the production and sales were near by 40%-50%.