Home / Knowledge / News / Textiles / PX spot prices continue ascending
PX spot prices continue ascending
Dec '09
PX spot prices in China continued to grow strongly on Thursday and prices of polyester products also generally increased by 100-200 Yuan per ton, which helped offset the negative impact of overnight plunge, in crude oil prices.

PTA futures continued to rally, the main contract 002 opened at 8,088, 72 points higher than the previous settlement, the contract moved higher all the way during the session, and consolidated before closing time.

Spot enquiries rose sharply in the morning hours, after which they tapered off. Suppliers were quoting at around 7,900 Yuan / ton to which, buyers made counteroffers around 7,750-7,800 Yuan / ton and some deals were also struck around 7,800-7,850 Yuan / ton.

Overseas offers from Taiwan and South Korea stood at US $950-955 for spot supply, with one individual higher offer touching $960 per ton, discussion in the morning was fair, with talk levels ranging around $945 per ton.

In the afternoon, PX spot displayed strong trends, coupled with rising discussion level led by spot inquiry, general offers rose to US $955-960 per ton with trading and negotiating level close to $950 per ton. In Jiangsu market, one deal of spot supply touched $950 per ton; sellers were reluctant sell below the price level.

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

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Pranav Mishra

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

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

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


Letter To Editor

(Max. 8000 char.)

Search Companies

January 2017

January 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