Home / Knowledge / News / Textiles / Sinopec announces March pre-offers for PSF & chips
Sinopec announces March pre-offers for PSF & chips
Mar '12
Sinopec Group recently announced pre-offers for polyester chips and polyester staple fiber (PSF) under March contracts.

In polyester chips, semi-dull chips are at 11,400 Yuan / ton, bright chips and industrial yarn grade chips are at 11,450 Yuan / ton and dull-class slices are at 12,200 Yuan / ton.

Polyester chip market is still at an adjustment phase, the market is mainly covered with wait-and-see sentiment.

The pre-offers for polyester staple fiber are 12,400 Yuan / ton for 1.4D semi-dull, 12,450 Yuan / ton for 1.2D semi-dull and 13,000 Yuan / ton for 1.2D bright, all on to be delivered terms.

Meanwhile in the Chinese market, 1.4D semi-dull PSF was quoted at 12,000 Yuan / ton, 1.2D semi-dull PSF was at 12,050 Yuan / ton and 1.2D bright was at 12,600 Yuan / ton, all on to be delivered basis.

At present,1.4D polyester staple fiber is quoted at 11600-11700 Yuan / ton (cash or acceptance) in mainstream domestic market, down 200 Yuan / ton compared with the previous week.

Fibre2fashion News Desk - China

Must ReadView All

Textiles | On 22nd Feb 2017

Bangladesh exporters want duty-free access to US, Brazil

Garment and apparel exporters of Bangladesh are seeking duty-free...

Textiles | On 22nd Feb 2017

India to produce 341 lakh bales cotton in 2016-17: CAI

The Cotton Association of India (CAI) has maintained in its January...

Textiles | On 22nd Feb 2017

'India to be self-sufficient in silk production by 2020'

Indian could be self-sufficient in silk production by the year 2020...

Interviews View All

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

Yash Maniyar
Rekha Maniyar

Indian fashion market is growing at a staggering rate

Abhishek Samdaria

GST will certainly reduce a lot of paperwork in future

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search