Home / Knowledge / News / Textiles / Chinese PTA plants operating at near 90% rates
Chinese PTA plants operating at near 90% rates
02
Apr '10
China's PTA main contract TA1009 fell yesterday. The contract opened at 8,628 Yuan, to touch a high of 8,636 Yuan, low of 8,556 Yuan, to finally close at 8,556 Yuan, down 62 Yuan or 0.72 percent from the previous trading day.

The overall domestic operating rate of PTA plants in China is 89 percent, representing a slight increase, from the same time of the previous year. Recently a 600,000 tons per annum PTA plant of Zhejiang resumed output after a turnaround.

In the Chinese domestic PTA market, it stood at 8,110 Yuan / ton, down 10 Yuan from the previous trading day. Ethylene glycol was quoted at 7,720 Yuan / ton, down 30 Yuan.

In case of PTA imported from overseas markets, it was quoting at US $963 per ton, down $2 per ton from the previous trading day and ethylene glycol was reported at $932 per ton, down $5 per ton.

In the upstream raw material market, Naphtha fell by $3 to $731-735 per ton (CFR Japan); heterogeneous grade MX rose by $6 to $902-903 per ton (FOB Korea) and Asian PX was stable at $1008-1009 per ton FOB Korea.

In the downstream product markets, semi-dull polyester chip was quoting at 9,775 Yuan / ton, down 25 Yuan from the previous trading day and PET bottle chips were reported at 10,650 Yuan / ton, which remain unchanged.

Polyester FDY150 was reported 11,850 Yuan / ton, which also stayed unchanged and polyester stable fiber (psf) 1.4D was quoted at 10,430 Yuan / ton, which also remained unchanged.

Fibre2fashion News Desk


Must ReadView All

Apparel/Garments | On 23rd Sep 2017

AAFA urges negotiators to preserve TPLs in NAFTA

The American Apparel & Footwear Association (AAFA), an alliance of...

Textiles | On 23rd Sep 2017

SIMA urges Centre to re-look duty drawback rates

he Southern India Mills’ Association (SIMA) has appealed to the...

Textiles | On 23rd Sep 2017

PKR 690.65-mn budget for Pakistan Cotton Committee

The Pakistan Central Cotton Committee (PCCC) recently approved a PKR...

Interviews View All

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

C Kamatchisundaram
Voltas

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

Representatives
Textile & apparel industry

GST is a complicated and lengthy process

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Lynda Kelly
Suominen Corporation

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

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Tony Ward
Tony Ward

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

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

September 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search