Home / Knowledge / News / Textiles / PTA prices rise amid rebound in PX demand
PTA prices rise amid rebound in PX demand
14
Apr '10
Zhengzhou PTA opened slightly higher yesterday, as a rebound in upstream PX market, temporarily offset high oil prices. Futures price weakened in face of pressure, intraday price fell to about 8,660 points to finally close at 8,672 points.

Prices in PTA spot market were strong, interest for Taiwan goods rebounded slightly, and sporadic offers were firm at US $995-1000 per ton, mainstream level discussion centered at around $995 per ton.

For South Korean goods, offers were quoted at $965-975 per ton, however, sellers were still reluctant to sell at low prices and discussion level was around $965 per ton. Only a small amount of firm offers, actually transformed in to deals.

Market conditions in East China were strong, sporadic offers were firm at 8,300 Yuan / ton, mainstream level in discussion was at 8,250 Yuan per ton, trading atmosphere was plain and trade volume was light.

Polyester chips in domestic market, traded in small volumes as, downstream spinning plants are adopting a wait and watch attitude for the time being. There was a correction in prices of semi-dull and super bright polyester chips.

Prices of CDP slice and PET bottle chips were temporarily stable. Spot semi-dull chips traded at 10,200 Yuan per ton, bright chips were sold at 10,250 Yuan per ton, CDP slice was traded at 10,950 Yuan per ton and PET bottle chips transacted at 10,900 Yuan per ton.

Fibre2fashion News Desk - China


Must ReadView All

Apparel/Garments | On 21st Sep 2017

UK fashion exports £10.7 bn in 2016; highest till now

Exports of British fashion goods rose to £10.7 billion in 2016, the...

Apparel/Garments | On 21st Sep 2017

BFC announces partnership with Chinese firm JD.com

The British Fashion Council (BFC) has forged a new partnership...

Textiles | On 21st Sep 2017

Indonesia’s textile exports may reach $15 billion by 2019

Indonesia’s textile-related exports are projected to reach $15...

Interviews View All

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Nishank Patel
Shri Dinesh Mills Limited

Broad range of fabrics will sell well this financial year

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Lynda Kelly
Suominen Corporation

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

Mark Paterson
Technical Absorbents Ltd

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

Ritu Kumar
Label Ritu Kumar

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

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

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