Home / Knowledge / News / Textiles / PTA spot market prices remain strong
PTA spot market prices remain strong
Jun '08
PTA spot prices remain strong at present and China fiber price index of PTA has risen 50 points to 9200. PTA, MEG prices continue to move upwards.

Domestic PTA is quoted at 9,200 yuan per ton, whereas imported PTA stands around 9,100 yuan per ton.

Semi-dull and bright polyester chip prices are still in consolidation. CDP chip price has increased, too, while the PET bottle slice rates are in correction.

Acrylic Staple 1.5 D × 38mm, acrylic top 3 D × 102mm prices are trimmed. CPL, nylon 6 slice prices look stable.

In spot market PTA imports continue to move up and some bonded offers are in the range of US $1115-1120 per ton. However, negotiated price is recorded within $1100-1110 per ton range.

East China market is growing. Since sellers seem optimistic about future trends, they are sealing their offers. While mainstream price level is at 9100-9150 yuan per ton, buyers' quotations stand at about 9050-9100 yuan per ton.

Maomin Sinopec has been forced to stop operations after the recent fire incident at No 2 Ethylene cracker, which is top unit with an annual output of 620,000 tons.

The newly added capacity of No 1 device has a glycol production capacity of 105,000 tons per year. Now, it has stopped operating temporarily.

Thus, experts anticipate major shortage in supply of these textile raw materials.

However, manufacturers are doing everything they can. While, glycol unit is expected to open within next 3-4 days, Maoming Petrochemical plans to open old cracking devices.

Fibre2fashion News Desk - China

Must ReadView All

Apparel/Garments | On 22nd Feb 2017

Amazon UK to create 5,000 full time jobs this year

Amazon UK said it will create more than 5,000 full time jobs this...

Textiles | On 22nd Feb 2017

Telangana CM seeks better life for handloom weavers

Chief minister of Telangana, K Chandrashekhar Rao assured handloom...

Textiles | On 21st Feb 2017

Net profit at Indorama Ventures zooms 145% in 2016

Net profit at Thailand headquartered and Aloke Lohia led Indorama...

Interviews View All

C Kamatchisundaram

ITME is an occasion not only to receive new leads but also to work on...

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Poojaa Kumar Deepak

Zeven's performance sports apparel is designed for the Indian body type,...

Giorgio Mantovani
Corman S.p.A

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

Paolo Ocleppo
Sandvik Hyperion

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

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Pranav Mishra

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

Jay Ramrakhiani
Occasions Elegance Wear

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

Rupa Sood and Sharan Apparao

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

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

February 2017

February 2017

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


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search