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China : Polyester chip market stable in recent time

China : Polyester chip market stable in recent time

Write: Andie [2011-05-20]

Recently the quotation of big polyester chips for semi-dull filament is at 11000 yuan per ton (delivery in three months). The supply in some factories is tight, with trading range basically between 10850-10900 yuan per ton (delivery at factory against payment in cash) or 10950 yuan per ton (delivery within three months).

Big polyester chips for bright filament are mostly offered at 11100 yuan per ton (delivery at factory against payment in cash). The price of small polyester chips for bright filament is steady at 11000 yuan per ton (delivery at factory against payment in cash).

Cation chips are quoted at about 11500-11550 yuan per ton.

Polyester raw material market has great influence on chips; now polyester raw material market is gradually turning good, with buying quantity in spot market slightly enlarged.

The lower chains market also performs better in recent time. The sales and stock pressures over those filament mills should have reduced. In the near future, polyester chips could possible make a minor drop.