Home / Knowledge / News / Textiles / Zhengzhou PTA futures inch up
Zhengzhou PTA futures inch up
21
May '10
Zhengzhou PTA futures inched up on May 19. The most active contract 1009 opened at 7520 Yuan / ton, to touch an intraday high of 7636 Yuan / ton, low of 7,462 Yuan / ton and finally closed at 7,570 Yuan / ton, up 28 Yuan or 0.37 from the previous day.

PTA spot market seems to have stabilized. A few offers for Taiwan spot was still quoting at US $880 or slightly higher, some buyers made counteroffer at US $870 per ton. Some sellers offered high-quality supply produced in South Korea at US $870-875 per ton.

Buyers were temporarily at sidelines in the morning, because the market witnessed transactions near about $855 per ton yesterday. Talks for domestic supply were around 7,300-7,350 Yuan per ton.

Price of raw material Paraxylene dropped further. The price in Asian market fell by $18 per ton on Tuesday. FOB Korea closed at $971.25-972 per ton, while CFR Taiwan closed at $989.25-990.75 per ton.

Fibre2fashion News Desk


Must ReadView All

Amazon debuts on Fortune 500 top 10 list

Apparel/Garments | On 28th May 2018

Amazon debuts on Fortune 500 top 10 list

American e-marketplace Amazon has cracked Fortune 500’s top 10 list...

Courtesy: Ralph Lauren

Fashion | On 28th May 2018

Ralph Lauren posts Q4FY18 revenue at $1.5 billion

Ralph Lauren, a global leader in the design, marketing, and...

Fashion industry employs 300 mn workers globally: Report

Apparel/Garments | On 28th May 2018

Fashion industry employs 300 mn workers globally: Report

The fashion industry employs over 300 million people across the value ...

Interviews View All

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Darshan Mehta
Infinium Polychem

We are spending double digit figures on R&D

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Rajat Jaipuria

Activewear brand Soul Space promotes organic cotton farming and...

Tom Adeyoola

Describing itself as the best body shape and garment fit company in the...

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Cigdem Akin
Cigdem Akin

She has carved a niche for herself as the national brand of Turkey. Her...

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

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

Leave your Comments


May 2018

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

news category


Related Categories:

Advanced Search