Home / Knowledge / News / Textiles / Marginal rise in Zhengzhou PTA futures
Marginal rise in Zhengzhou PTA futures
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 10th Dec 2016

India’s 2016-17 cotton import to touch 17 lakh bales

The import of cotton from international markets by spinning mills in...

Textiles | On 10th Dec 2016

US textile & apparel imports fall 6.50% in Jan-Oct ’16

The import of textiles and apparel by United States dropped 6.50 per...

Textiles | On 10th Dec 2016

Indian textile hubs adopt cashless payment modes

The textile ministry is promoting cashless payment within the...

Interviews View All

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Marcel Alberts

Coating at a fibre level is a practice not usually seen in the...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Rupa Sood and Sharan Apparao

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

December 2016

December 2016

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


Browse Our Archives


Advanced Search