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  • From the prospective of re-PET feedstock

    2022-08-31

    From the prospective of re-PET feedstock, prices tick up since May driven by rising oil and virgin polyester prices. Prices of recycled PET flakes for re-PSF, like hot washed blue and white flakes for HC re-PSF and cold washed flakes, climb up by 300-500yuan/mt overall. 3A-grade white flake prices r Read More
  • Compared with polyester yarn, polyester/cotton yarn is more paled

    2022-08-31

    Compared with polyester yarn, polyester/cotton yarn is more paled. Most mills still hold 20,000yuan/mt cotton stocks. Currently, cotton price dropped close to 15,000yuan/mt and the cash flow of polyester/cotton yarn has turned positive, but in fact, the mills are still at significant losses. A large Read More
  • PSF fluctuated back again on Tuesday and Wednesday

    2022-08-31

    PSF fluctuated back again on Tuesday and Wednesday, weakening downstream buying interest. The sales of polyester yarn fell back and the cash flow moved to minus 300yuan/mt. Dragged by the poor demand, the improvement of sales could not last and even the losses are hard to be alleviated. After last S Read More
  • polyester yarn sales increased and the inventory declined to 24 days from 27 days

    2022-08-31

    Along with the rebound of raw materials early this week, polyester yarn sales increased and the inventory declined to 24 days from 27 days. However, it is afraid not to sustain. Recent improvement in trade mainly lies in: 1. The inventory of raw materials in weavers is generally low. In early Jun, p Read More
  • The representatives of polyester yarn mills in Changle

    2022-08-31

    The representatives of polyester yarn mills in Changle, Fujian held a meeting last Saturday, advocating to cut production by 50% in the context of plunging raw materials, rising inventory and great losses. In fact, over 90% of the spinners in major producing areas of polyester yarn in Fujian and Jia Read More
  • PSF has moved all the way down since mid-Jun amid

    2022-08-31

    PSF has moved all the way down since mid-Jun amid the decline of crude oil and recession of demand, with PSF futures dropping from above 9,000yuan/mt to below 7,000yuan/mt with a decrease of 2,400yuan/mt and spot PSF sliding less by 1,400yuan/mt due to low inventory. Thus, the gap between spot PSF a Read More
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