Home / Knowledge / News / Textiles / Chinese PTA spot market stable on May 21
Chinese PTA spot market stable on May 21
22
May '12
In East China, the domestic Purified Terephthalic Acid (PTA) spot market was stable on May 21. Selling offers were in the range of 8500-8550 Yuan/ton, downstream manufacturers bid for price in the range of 8400-8450 Yuan/ton, and actually negotiated prices were in the range of 8450-8500 Yuan/ton.

In North China, PTA market was flat on May 21. Sellers quoted price in the range of 8550-8600 Yuan/ton, downstream manufacturers showed interest in the price around 8450 Yuan/ton, and actual negotiations took place in the range of 8450-8550 Yuan/ton. Overall trading atmosphere was dull in the market and actual negotiation was limited.

For Taiwan PTA, sellers quoted price of around US$ 1110/ton, while buyers bid for price in the range of US$ 1090-1095/ton, and finally negotiated prices were in the range of US$1095-1100/ton.

Similarly, for Korea produced PTA, selling offers were in the range of US$ 1090-1095/ton, while buying bids were in the range of US$ 1080-1085/ton, and actually negotiated prices were in the range of US$ 1085-1090/ton.

Fibre2fashion News Desk - China


Must ReadView All

Courtesy: Michael Kors

Fashion | On 25th Jul 2017

Michael Kors to acquire Jimmy Choo

Global fashion luxury brand Michael Kors Holdings Limited has reached ...

Apparel/Garments | On 25th Jul 2017

VF Corp posts $2.4 billion revenue for Q2 2017

VF Corporation has recorded revenue of $2.4 billion, up 2 per cent,...

Textiles | On 25th Jul 2017

Egypt signs agreement with UNIDO for cotton production

Egypt has signed a €1.5 million ($1.74 million) cooperation agreement ...

Interviews View All

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

C. Dhandayuthapani
Mag Solvics Pvt. Ltd

ITME 2016 exploited our full strength like never before

Darshan Mehta
Infinium Polychem

We are spending double digit figures on R&D

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Marcel Alberts
Eurofibers

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

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

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

July 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


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



X