Home / Knowledge / News / Textiles / Chinese PTA import prices weaken on May 29
Chinese PTA import prices weaken on May 29
30
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

Textiles | On 20th Jan 2017

TEA expects budget to upscale textile skill industry

The Tiruppur Exporters’ Association (TEA) has requested the Central...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Courtesy: PIB

Textiles | On 20th Jan 2017

Govt to help Tangaliya weavers purchase looms: Irani

Government of India will facilitate Tangaliya weavers in purchase of...

Interviews View All

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

Yash Maniyar
Rekha Maniyar

Indian fashion market is growing at a staggering rate

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...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Jay Ramrakhiani
Occasions Elegance Wear

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

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

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
January 2017

January 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