Recycled polyester filament yarn market weekly
This week, recycled PFY market maintained stable. Its inventory averaged 11 days and operating rate ran 74%. The prevailing price in Jiangsu & Zhejiang kept stable. Semi-dull POY150D was pegged at 9100yuan/mt. Hangzhou Huaerli stabilized POY75D at 9400yuan/mt, 100D at 9200yuan/mt and 150D at 9100yuan/tm. Cixi Santai stabilized re-PFY offer a t 9150yuan/mt for semi-dull POY150D, 9250yuan/mt for 100D and 9450yuan/mt for 75D, by cash, ex-work.
Market Update
- Plant status: China’s Maoming Petrochemical Shihua delays restart of MTBE plant
- Weak downstream demand weighs on Asian isocyanates market
- Indonesia, Saudi Arabia sign agreements worth $27 billion
- China May SBR exports rise on year on US tariff relief
- INSIGHT: Transshipment tariffs of 40% unclear in US-Vietnam trade deal
- India’s GAIL, CIL to invest in Talcher Fertilisers via rights issue
- Plant status: Iran’s Zagros PC restarts methanol plants after ceasefire
- Plant status: China's LG Yongxing Chem retains ABS production at full tilt
- Plant status: S Korea’s LG Chem maintains ABS production at 80%
- Plant status: Korea Kumho maintains ABS unit at 65%