Home / Knowledge / News / Textiles / Spot market of Chinese PTA imports light
Spot market of Chinese PTA imports light
31
Jan '12
The spot market of purified terephthalic acid (PTA) imports in Chinese markets was light on January 29, and there were very few market offers.

The offer price for Taiwan stock was in the range of US$ 1,170-1,175/ton, with bids from downstream sector for around US$ 1,160/ton, and actually negotiated price was in the range of US$ 1,160-1,165/ton.

Similarly, the price for Korean PTA was quoted around US$ 1,160/ton, while downstream bids were around US$ 1,150/ton, and actually negotiated price was in the range of US$ 1,150-1,155/ton.

In North China PTA market, there were rare offers from cargo holders in the range of 8,950-9,050 Yuan/ton. There were bids from downstream sector for around 8,900 Yuan/ton and finally negotiated price was in the range of 8,950-9,000 Yuan/ton.

In East China, PTA market conditions were flat and cargo holders made rare offers in the range of 8,950-9,000 Yuan/ton, while downstream manufacturers asked for around 8,850 Yuan/ton, and rare actual negotiations took place in the range of 8,850-8,900 Yuan/ton.


Fibre2fashion News Desk - China

Must ReadView All

Courtesy: Li & Fung

Textiles | On 24th Mar 2017

Li & Fung forms new supply chain partnership with PVH Corp

Li & Fung Limited, the world's leader in consumer goods design,...

Courtesy: Alizilla

Apparel/Garments | On 24th Mar 2017

Alibaba's eWTP finds first overseas base in Malaysia

In a step towards using the internet to bring small businesses around ...

Textiles | On 24th Mar 2017

BJMC to produce cotton-jute blended denim fabrics

To meet demand from the market, Bangladesh Jute Mills Corporation...

Interviews View All

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Nitin Bhatia
Trend Arrest

Setting up a brand for online selling is easy, but running the brand is not

Steve Cole
Xerium Technologies

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

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Silvia Venturini Fendi
Fendi s.r.l

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

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

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:
March 2017

March 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search