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: H&M

Apparel/Garments | On 30th Mar 2017

H&M group's sales increase 7% in 3 months to Feb '17

The H&M group's sales including VAT amounted to SEK 54,369 million...

Textiles | On 30th Mar 2017

Vietnam’s textile & garment exports earn $4bn in Jan-Feb

Vietnam earned $4 billion from textile and garment exports in the...

Textiles | On 30th Mar 2017

India Inc should work for July 1 GST roll out: Fin sec

The Goods and Services Tax (GST) will take India into a very exciting ...

Interviews View All

Rahuul Jashnani
Jashn

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

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Larry L Kinn
Suominen Corporation

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

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Jay Ramrakhiani
Occasions Elegance Wear

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

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Rupa Sood and Sharan Apparao
Nayaab

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

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
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