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
- NYMEX: US gas futures lower despite tighter balances
- USITC determination on fatty acids from Indonesia, Malaysia likely to raise costs, further tighten US markets
- India announces green ammonia deals, aims to cut imports
- China’s export halt marks potential shift in ammonia price trend
- LNG charter rates fairly stable but Pacific premium eroding
- Plant status: China's Tianjin Bohua Yongli cuts acetic acid run rate to 40%
- Update to ICIS Topics: US-Iran conflict - impact on chemicals and energy
- Plant status: Thailand’s TPI Polene cuts EVA output in Apr; duration uncertain
- ICIS GRAPHIC: How Asian countries responded to energy shortage in March
- ICIS GRAPHIC: How Asian countries responded to energy shortage in March
