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July 28th, 2011 Daily Review on Polyester Prices |
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2011-7-29
Price of Light crude oil which delivered this September is 97.40 dollar/bbl, drop 2.19 dollars, the range of price drop is 2.2% PTA: The PTA price continues to increase in the overseas market today. The suppliers quoted Taiwan cargo for 1220-1230 dollars/ton and the downstream bidding price is around 1215 dollars/ton. The practical discussions are around 1200-1225 dollars/ton. The offering of Korean cargo is around 1210-1215 dollars/ton. The downstream bidding price is around 1195 dollars/ton and the practical discussion is around 1200-1210 dollars/ton. Price of polyester bottle chips keeps stable in overseas market today. The leading domestic manufacturers adjusted the price around 1640 dollars/ton (FOB China Ports). The downstream bidding price is around 1600 dollars/ton. The practical discussions are around 1610-1620 dollars/ton (FOB China Ports). The trading atmosphere is dull and the real discussions are rare. The Polyester Staple Fiber price goes up today, among which 1.4D*38mm PSF’s leading quotations focus on 12800-12900 Yuan/ton. Polyester price goes up in Zhejiang and Jiangsu market. In Shengze market,FDY75D/144F price is 169000 yuan/ton, half light FDY55D/24F price is 17400yuan/ton. In Xiaoshan market, FDY66D/24F price is 15900yuan/Ton, FDY75/72F is 15700 yuan/ton. VSF:The polyester yarn market price is generally close to the cost price, little pressure left on the entire inventory and fund. Manufactures have the strong intention to stabilize the price
Source:168Tex.com
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