Hottest spot price and dynamic points in Asian fib

2022-08-13
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Spot price and dynamic analysis of Asian fiber market on October 31 - polyester chip

market price on October 23: semi gloss fiber grade FOB Northeast Asia USD/ton, up $20 from last week's price; Bottle grade FOB China USD/ton, basically flat compared with last week

the intentional valuation of PET chips in Asia is stronger. Market transactions were light as downstream end users continued to resist price increases. The seller proposed to raise the price of pet supported by the rising price of ethylene glycol

fiber grade: the intentional valuation of polyester chips in Northeast Asia increased by $10 to 1220, preferably to $30hz-1260/ton (CFR), as polyester chip fiber product manufacturers raised their quotations in the case of rising raw material prices to maintain production profits

the leading PET fiber chip sellers raised their quotations to offset the cost increase caused by the rise in raw material prices. However, from the perspective of the fourth quarter alone, if buyers are unwilling to accept the price rise, manufacturers are prepared to reduce production reports from the current consumption situation of polyurethane products, the shift of PMDI trade flow An overview of the rigid foam polyether market and the current situation of supply and demand points out that polyurethane rigid foam and semi-rigid foam will be used in the future automotive field to reduce inventory to maintain profits

bottle grade: Chinese PET bottle grade chip manufacturers are looking for trading prices above US $1300/ton (FOB) in North and South America. Due to the strong demand from overseas markets, it can meet the requirements of highly smooth, transparent and high-precision medical blood test tubes. Chinese sellers keep their quotation in US dollars/ton (FOB) in October

after Typhoon "Rosa", the demand for bottle grade slices increased. This keeps the price of PET bottle grade chips in China at 12000 yuan/ton (delivery price)

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