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Spot market of PTA imports light on Sept 19

20 Sep '11
1 min read

Spot market of PTA imports was light, market quotation for Taiwan stock was US $1355-1360 / ton, downstream inquires were around US $1345 / ton, actually negotiated price was around US $1350/ ton.

Offers for South Korean stock were around US $1330-1340/ ton, downstream bids were around US $1320-1325/ ton and actually negotiated price was around US $1325-1330 / ton.

PTA market conditions in North China were light on September 19, cargo holders made offers around 10,550 Yuan / ton, downstream bids were around 10,450 Yuan / ton, actually negotiated price was around 10,500 Yuan / ton, trading atmosphere appeared light, actual negotiation was scarce.

PTA market conditions in East China weakened, cargo holders made offers around 10500-10550 Yuan / ton, downstream buying was poor, market inquires focused on 10,450 Yuan / ton and actually negotiated price was around 10,500 Yuan / ton.

Fibre2fashion News Desk - China

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