• Linkdin

PTA spot import prices rise in Chinese market

15 May '13
1 min read

The spot prices of purified terephthalic acid (PTA) imports increased in China on May 14. Offers for Taiwanese PTA were in the range of US$ 1,060-1,065/ton, while bids from downstream manufacturers were around US$ 1,050/ton, and actual negotiations were in the range of US$1,055-1,060/ton.
 
Offers for Korean goods were in the range of US$ 1,050-1,055/ton, while bids from downstream manufacturers were in the range of US$ 1,040-1,045/ton, and actual negotiations were in the range of US$ 1,045-1,050/ton.
 
Meanwhile, in East China, the PTA spot market was flat on May 14. Sporadic offers from sellers were around 7,850 yuan/ton, while bids from downstream industries were about 7,800 yuan/ton, and actually negotiated prices were in the range of 7,800-7,850 yuan/ton.
 
In North China, the PTA market was flat and cargo holders offered price of 7,900 yuan/ton, while downstream manufacturers made bids for price of around 7,850 yuan/ton, and market negotiations were in the range of 7,850-7,900 yuan/ton.
 

Fibre2fashion News Desk - China

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