Home / Knowledge / News / Textiles / Marginal rise in Zhengzhou PTA futures
Marginal rise in Zhengzhou PTA futures
29
Dec '11
Zhengzhou PTA futures contract 1205 rose 40 Yuan / ton, or 0.46 percent from the previous day to close at 8,266 Yuan / ton on Wednesday.

The threat from Iran to block oil supplies routes meant NYMEX crude oil futures stood their ground at the $100 / barrel mark. Imported PX price fell $2 to $1460 / ton.

Currently, all of the new PTA capacities planned for 2011 have begun commercial production. China has added 3.9 million tons new PTA capacity in the second half of 2011 alone.

The current domestic PTA production capacity has reached 20.06 million tons and is expected to move up further in 2012.

On the PTA downstream side, manufacturers of polyester staple fiber showed strong intention to increase price, but downstream response was not obvious.

Semi-dull chips in Jiangsu and Zhejiang markets continued to stay flat. Polyester staple fiber price rose 70 Yuan to 11,270 Yuan / ton and polyester chip price rose 50 Yuan to 10,500 Yuan / ton.

Fibre2fashion News Desk - China

Must ReadView All

Textiles | On 27th Apr 2017

Maharashtra govt working on second textiles policy

The textiles department of the government of Maharashtra is working...

Apparel/Garments | On 27th Apr 2017

EC takes action to make garment sector more sustainable

The European Commission (EC) has presented a set of focused actions...

Textiles | On 27th Apr 2017

Seven new organisations join ZDHC Programme

The Zero Discharge of Hazardous Chemicals (ZDHC) Programme from...

Interviews View All

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X