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Chinese PTA spot import market weak on Nov 10
11 Nov '11
1 min read
China's spot market of PTA imports appeared to be weak on November 10, trading atmosphere was light.
Offers for Taiwan stock were US $1100 / ton, downstream inquiries were around US $1050 / ton, and actually negotiated price was about US $1060 / ton.
Offers for Korean goods priced at US $1050 / ton, downstream inquires were around US $1020 / ton, actually negotiated price focused on US $1030 / ton.
PTA domestic market conditions were light in North China on November 10, cargo holders offered at about 8,050-8,100 Yuan / ton, demand from downstream manufacturers was poor.
Counteroffers in the market were about 8,000 Yuan / ton, and actually negotiated price was around 8,050 Yuan / ton.
PTA market conditions weakened in East China, stock holders offered at around 8,100 Yuan / ton, downstream inquires were about 7,950 Yuan / ton, trading sentiment looked sluggish, actually negotiated price was around 8,000 Yuan / ton.
Offers for Taiwan stock were US $1100 / ton, downstream inquiries were around US $1050 / ton, and actually negotiated price was about US $1060 / ton.
Offers for Korean goods priced at US $1050 / ton, downstream inquires were around US $1020 / ton, actually negotiated price focused on US $1030 / ton.
PTA domestic market conditions were light in North China on November 10, cargo holders offered at about 8,050-8,100 Yuan / ton, demand from downstream manufacturers was poor.
Counteroffers in the market were about 8,000 Yuan / ton, and actually negotiated price was around 8,050 Yuan / ton.
PTA market conditions weakened in East China, stock holders offered at around 8,100 Yuan / ton, downstream inquires were about 7,950 Yuan / ton, trading sentiment looked sluggish, actually negotiated price was around 8,000 Yuan / ton.
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