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Chinese PTA spot market trends on Nov 21
Nov '12
In East China, sport market offers for purified terephthalic acid (PTA) were in the range of 8,150-8,200 yuan/ton, while downstream buyers were interested in price of around 8,100 yuan/ton on November 21. However, small number of negotiations took place in the price range of 8,100-8,150 yuan/ton.
For Taiwanese cargo, PTA offers hovered around US$ 1,110/ton, while downstream manufacturers bid for price of about US$ 1,100/ton, and actual negotiated price was around US$ 1,105/ton.
For PTA imported from Korea, prices were quoted in the range of US$ 1,100/ton, and downstream buyers bid for price in the range of US$ 1,085-1,090/ton. Few negotiations took place around US$ 1,095/ton.

Fibre2fashion News Desk - China

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