A polyester composition produced without using an antimony compound as a polycondensation catalyst and including (I) composition containing, on a weight basis, 30 ppm or less of antimony, 0.5 to 50 ppm of titanium, and 0.1 to 100 ppm of phosphorus, in which the number density of titanium-containing particles, the equivalent circular diameter of which is 1.mu.m or more, is less than 100/0.02 mg; and (II) a composition containing, on a weight basis, antimony, titanium and phosphorous as defined above, in which organic polymer particles are contained in amount of 0.1 to 5 wt%, the organic polymer particles having an average particle diameter determined by dynamic light scattering of 0.05 to 3.mu.m and containing 0.01% or less of coarse particles relative to the total number of the particles, the coarse particles having a diameter at least twice the average particle diameter.