Home / Knowledge / News / Textiles / Chinese PTA spot market trend on Sept 11
Chinese PTA spot market trend on Sept 11
12
Sep '12
In East China, mainstream offers for Purified Terephthalic Acid (PTA) in spot market were around 8,300 Yuan/ton on September 11.
 
Downstream manufacturers bid for price of around 8,200 Yuan/ton and negotiations took place around 8,250 Yuan/ton.
 
There were limited offers from sellers and the market was largely in a wait-and-watch mode, and few actual negotiations took place.
 
For Taiwan-imported PTA, market offers were around US$ 1,075/ton, whereas buyers bid for price of around US$ 1,065/ton and actual negotiations were centred on price level of US$ 1,070/ton.
 
For Korean cargo, PTA market offers were around US$ 1,065/ton, downstream buyers bid for US$ 1,055/ton, and actual negotiated price was also around US$ 1,055/ton.
 
The demand for PTA from polyester manufacturers was good, and hence, sellers were not eager to sell at lower price. Thus, the market entered in slight stalemate and actual negotiations were light.
 

Fibre2fashion News Desk - China

Must ReadView All

Textiles | On 28th Mar 2017

India may impose duty on elastomeric filament yarn

The Government of India is likely to impose anti-dumping duty on...

Courtesy: Lee Cooper

Apparel/Garments | On 28th Mar 2017

CCI clears FLFL proposal to divest Lee Cooper

The Competition Commission (CCI) of India has approved the proposal...

Textiles | On 28th Mar 2017

Bardoli CEFC to benefit south Gujarat MSMEs

India’s first common engineering facility centre (CEFC) at Bardoli,...

Interviews View All

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Marcel Alberts
Eurofibers

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

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Pranav Mishra
Huemn

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

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

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