Home / Knowledge / News / Textiles / Chinese PTA import prices weaken on May 29
Chinese PTA import prices weaken on May 29
May '13
Prices of purified terephthalic acid (PTA) in terms of US dollar remained weak in China on May 29.
Market offers for Taiwan produced PTA remained in the range of US$ 1055-1060/ton, bids from buyers were in the range of US$ 1040-1045/ton, and market talks were around US$ 1,050/ton.
For Korean PTA, market offers remained in the range of US$ 1050-1055/ton, and negotiations took place for price of around US$ 1,050/ton.
In East China, the spot price for PTA was 7,800 yuan/ton, and bids from downstream buyers were in the range of 7,700-7,750 yuan/ton, and market discussion remained in the range of 7,750-7,800 yuan/ton.
The settlement price of Zhengzhou PTA contract was 7,854 yuan/ton on May 29, which was 12 yuan/ton or 0.15 percent higher than the previous trading day. Trade volume increased to about 924,200 lots.
PTA listing price of Yisheng Petrochemical for June was executed at 8,300 Yyan/ton, up 225 yuan/ton from settlement price.

Fibre2fashion News Desk - China

Must ReadView All

Courtesy: Pexels

Fashion | On 23rd Jun 2018

Nigerian bank launches N1 bn fund for fashion entrepreneur

Nigeria’s Bank of Industry has set aside 1 billion Naira (N) to...

Courtesy: Tayal

Textiles | On 23rd Jun 2018

Tayal textile factory in Algeria starts exports to Turkey

Algeria’s largest textile factory, the joint Algerian-Turkish company ...

Courtesy: Manhattan Beachwear

Fashion | On 23rd Jun 2018

Manhattan Beachwear in global partnership with BCBG Group

Manhattan Beachwear, the largest swimwear manufacturer in the US, has ...

Interviews View All

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

C. Dhandayuthapani
Mag Solvics Pvt. Ltd

ITME 2016 exploited our full strength like never before

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

John Kelley

Textile Events is one of the largest textile fair in the United Kingdom,...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Jay Ramrakhiani
Occasions Elegance Wear

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

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

June 2018

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

news category

Related Categories:

Advanced Search