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

Textiles | On 25th Mar 2017

GST to positively impact retail value chain: CBRE

The implementation of the Goods and Services Tax (GST) bill in India...

Textiles | On 25th Mar 2017

MEGlobal to build first ever US MEG plant

Monoethylene glycol (MEG) producer MEGlobal plans to construct a new...

Courtesy: Ulster Carpet

Textiles | On 25th Mar 2017

Ulster Carpets acquires Griffith Textile Machines

Northern Ireland based manufacturer of carpets, Ulster Carpets said...

Interviews View All

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Johan Berlin
InvestKonsult Sweden AB

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

Marcel Alberts
Eurofibers

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

Lynda Kelly
Suominen Corporation

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

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

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
March 2017

March 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