PTA Raw Material Cost Drives PET Staple Prices Up

Yesterday's deal was better, coupled with the cost of raw materials, the price of today's Polyester manufacturers continued to rise. The mainstream of Jiangsu and Zhejiang 1.4D direct spinning polyester and short market reported 7950-8100 yuan / ton, leaving the factory at a low price. Today, the price of Fujian polyester and short manufacturers is stable and strong, and the mainstream quotation of 1.4D direct spinning polyester and short market is 7800-8050 yuan / ton short delivery. Polyester and short The rally is too fast, and the downstream transaction needs to be followed up. Shandong, Hebei Market quotations continue to increase, 1.4 direct spinning polyester short mainstream newspaper 8000-8100 yuan / ton to send, downstream catch high cautious, trading atmosphere slightly lighter yesterday. Cost push, pure polyester yarn in Shengze Market Price There has been a substantial increase. 32S's mainstream offer is 12400 yuan / ton, 45s sales are better than other specifications, and the mainstream quotation is 13100 yuan / ton. Cost push today, polyester and short continue to rise 200 yuan / ton nearby, but downstream cotton mill is cautious, the trading atmosphere is lower than yesterday. Later, attention should be paid to the follow up of the transaction and the operation of the rest of the PTA.

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