Home / Knowledge / News / Textiles / Overall PTA spot market stable
Overall PTA spot market stable
02
Jun '10
Overall performance of PTA spot market was stable on June 1 and price focus of actual negotiations uplifted. Offers for Taiwan stock were around US $890 per ton. In the morning, a single deal was made at $880 in Jiangsu market; a few offers for Korean goods were at $850-855 per ton.

The Chinese domestic market remained deadlocked. PTA spot price was around 7,350-7,400 Yuan per ton. One deal was made at 7,350 Yuan per ton, but most buyers were cautious.

In the afternoon, the index and futures fell, market atmosphere of PTA spot weakened. Offers for Taiwan goods were still at $885-890 per ton, a few offers initiatively fell below US $880 per ton and negotiation talks approached $875 per ton.

Offers for Korean stock fell to US $850 or lower, and a deal of 2000 tons spot was reached at US $850 per ton in Zhejiang market. In domestic market, mainstream level fell to 7,300 Yuan per ton in the afternoon.

China Petrochemicals announced June contract prices of PX and PTA at 7,600 Yuan and 7,800 Yuan / ton, respectively.

Fibre2fashion News Desk - China

Must ReadView All

Apparel/Garments | On 28th Apr 2017

Continue existing Duty Drawback, ROSL scheme post GST: TEA

Tiruppur Exporters' Association (TEA) has made requisitions to...

Apparel/Garments | On 28th Apr 2017

Deckers Brands starts review of strategic alternatives

Deckers Brands, a global leader in designing, marketing and...

Courtesy: AAFA

Fashion | On 28th Apr 2017

Andrew Rosen, Stuart Vevers among AAFA awardees

Andrew Rosen, founder and CEO of Theory, Stuart Vevers of Coach, Nick ...

Interviews View All

Amit Jain
Shingora Textiles Ltd

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

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Marten Alkhagen
Swerea IVF AB

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

Kerem Durdag
Biovation II LLC

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

Madhu Jain
Madhu Jain

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

Judy Frater
Somaiya Kala Vidya

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

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

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

news category


Related Categories:
April 2017

April 2017

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

SUBSCRIBE


Browse Our Archives

GO


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



X