Home / Knowledge / News / Textiles / PTA markets continue to adjust
PTA markets continue to adjust
16
Jan '10
In the last seven days, global stock markets fell and prices of crude oil futures and gold futures also dropped, due to an impact in the increase of the deposit reserve ratio by 0.5 percent. Crude oil futures prices fell sharply and fell to below US $80. The decline in crude oil price caused PX price to move lower.

PTA market continued to adjust, market trade was not active, domestic offers stood at 7,900-8,000 Yuan per ton and overseas offers touched US $950 per ton. MEG prices looked relatively firm, mainstream discussion in domestic market ranged in between 8,200-8,250 Yuan per ton and overseas offers were at $1000 per ton.

Pre-bids of polyester chips for January contract of Sinopec Group were 9,500 Yuan per ton for semi-dull, 9,500 Yuan per ton for bright, 9,500 Yuan per ton for chips to produce industrial filament and 10,300 Yuan per ton for full-dull chips.

Market supply of polyester chips was insufficient, market trade improved; price focus moved up, mainstream level in the market ranged in between 9,800-9,900 Yuan per ton. Pre-bids of polyester staple fiber for January contract of Sinopec Group were 10,000 Yuan per ton for 1.4D semi-dull, 10,600-10,650 Yuan per ton for 1.2D bright.

Fibre2fashion News Desk - China

Must ReadView All

Courtesy: Kornit Digital

Textiles | On 28th Feb 2017

'Customisation is an advantage of digital printing'

Changing business models and companies' decision to reduce their...

Textiles | On 28th Feb 2017

China's textile & apparel exports up 10.2% in Jan 2017

Exports of textiles and garments from China resumed growth in the...

Apparel/Garments | On 28th Feb 2017

Delta Galil's Q4 operating profit jumps 80%

In the three months to December 31, 2016, operating profit at apparel ...

Interviews View All

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Kerem Durdag
Biovation II LLC

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

Tony Ward
Tony Ward

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

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

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
February 2017

February 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