PTA Spot Prices Stagnate And Polyester Prices Fell Slightly.
PTA inventory is higher than expected after the holiday, but with the textile peak season from 3 to May, textile materials continue to decline slightly. In from February 22nd to 24th, the PTA market price was 6410 yuan / ton, the 25 day spanaction price was 6455 yuan / ton, and the market price increased slightly. The sales of nylon yarn increased and price adjusted. The price of polyester products decreased last week. So far, most of DTY and FDY products have been stable, and POY products have been lowered in the range of 100-200 yuan / ton.
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