Daily Market Update on 21-07-2014

Daily Market Update on 21-07-2014

PSF 1.4Dx38mm SD closed at 9910 CNY/ton.  Exporters' prices were at the level of $1.37-$1.38/kg FOB Shanghai at the moment.
It was said the PTA factories will have meeting this week,  may decrease the PTA production capacity together again ,
thus the price of psf may increase further . we suggest buyers release order at the soonest.