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Polyester chip market trends decline

05
Jun '10
In recent days, PX market has declined to around US $900 per ton. The Chinese PTA spot market remains quiet and offers for domestic goods are about 7,100 Yuan per ton and offers for overseas goods are around $860 per ton.

MEG market is under a weak adjustment, trade volume is light, mainstream negotiation level is at 6,150 Yuan per ton for Chinese domestic goods and offers for overseas goods are at US $750 per ton.

Sinopec Group announced pre-offers of polyester chips for June contract. Price of semi-dull chips is 9,500 Yuan / ton, price of bright chips and chips to make industrial yarn at 9,600 Yuan / ton, film-class chips at 9,650 Yuan / ton and dull-class chips at 10,300 Yuan / ton.

Fibre2fashion News Desk


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