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East China Market Polyester Bottle Flake Prices Increase
East China market polyester bottle chip prices closed at 6360, up or down by 160. During the holiday, crude oil prices surged significantly. Driven by costs, polyester bottle chip factories mostly raised their quotes by 100-130, causing the market focus to rise. As raw material prices increased, low-priced sources in the morning disappeared. March sources offered prices between 6300-6450, with bids at 6300-6320 or futures contracts at a premium of 95-100 over 2604. Downstream sporadic bids were seen, but trading was light. (Unit: yuan/ton) (Longzhong Information)