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July 7th, 2011 Daily Review on Polyester Prices

2011-7-8
Upstream
  Yesterday, the futures price of light crude oil in New York Commodity Exchange dropped 24 cents to 96.65 USD per barrel, and the drop rate was 0.2%. The PX price in Asia increased 6 USD to 1,362 USD/Ton FOB Korean and the PX price in Europe kept 1,423 USD/Ton FOB Rotterdam.
  PTA: The price of PTA in domestic market was firmly about 9, 100 Yuan/Ton. In overseas market, Taiwan cargo price was about 1,170 USD/Ton and the Korean goods was about 1,150 USD/Ton.
  MEG: The price of MEG is consolidated. The price is about 9,400-9,450 Yuan/Ton in domestic market, and the price is about 1, 230 to 1, 235 USD/Ton in overseas market.
  PET: Today, the price of semi-dull polyester chips keeps steadily about 12,300 Yuan/Ton in Jiangsu and Zhejiang market.
 
Downstream
  Today, the price of PSF in eastern China is consolidated slightly. The price of direct spinning PSF 1.4D*38mm is about 12, 550 to 12, 650 Yuan/Ton. The price of polyester yarns keeps steady, a main factory quoted FDY50D/24F for 15,900 Yuan/Ton and DTY150D/144F for 17,000 Yuan/Ton.
Source:168Tex.com
 
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