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Chinese PTA spot import market flat on April 11
12
Apr '12
The spot market of PTA imports appeared flat on April 11.

Cargo holders offered in the range of US $1165-1170 / ton for Taiwan goods, downstream manufacturers bid around $1160 / ton and actual negotiation was in the range of $1160-1165 / ton.

Offers for South Korean goods were around $1160 / ton, downstream bids were around $1150 / ton and actual negotiation was in the range of $1150-1155 / ton.

PTA market in North China was flat on April 11. Trading atmosphere appeared plain in the market, actual turnover was small.

Market offers were temporarily stabilized in the range of 8,700-8,750 Yuan / ton, downstream manufacturers bid in the range of 8,600-8,650 Yuan / ton and actual negotiation was in the range of 8,650-8,700/ ton.

PTA market in East China too was flat. Cargo holders offered around 8,700 Yuan / ton, downstream manufacturers bid in the range of 8,600-8,650 Yuan / ton and actual negotiation was in the range of 8,650-8,700/ ton.

Fibre2fashion News Desk - China

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