Home / Knowledge / News / Textiles / Weak trends continue in PTA spot markets
Weak trends continue in PTA spot markets
02
Jul '10
In the current week, PTA spot market continued its weak trend; offers for domestic supply were around 7,050 Yuan/ ton, while those for overseas supply were around US $855/ ton. Transaction sentiment in MEG market was moderate; offers for domestic supply were around 5,850 Yuan and for overseas supply were around $700/ ton.

Sinopec Group introduced settlement price of polyester chips for June contract. Price of semi-dull chips was at 9,300 Yuan / ton, price of bright chips and industrial yarn slices was at 9,350 Yuan / ton, film level slice was at 9,400 Yuan / ton and price of dull chips was at 10,100 Yuan / ton.

Sinopec Group introduced pre- offers of polyester chips for July contract, price of semi-dull chips was at 9,500 Yuan / ton, price of bright chips and industrial yarn slices was at 9,600 Yuan / ton, price of film level chips was at 9,650 Yuan / ton and price of dull chips was at 10,300 Yuan / ton.

Polyester chips market was based on a smooth correction and dominated by waiting and watch attitude and mainstream offers in the market was around 9,300 Yuan/ ton.

Fibre2fashion News Desk - China


Must ReadView All

Courtesy: Raymond

Apparel/Garments | On 28th Jun 2017

Raymond plans to invest Rs 1,400 crore in Amravati plant

Raymond, Indian textiles and apparel major, has decided to invest Rs...

Textiles | On 28th Jun 2017

GST and textiles industry: Analysis and opinion

The Goods and Services Tax (GST) is at long last all set to be rolled ...

Textiles | On 28th Jun 2017

India probing dumping of polyester yarn by China

Indian government is probing anti-dumping allegations against a...

Interviews View All

Sanjay Yagnik
Maa Tex Speciality

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

Dinaz Madhukar
DLF Emporio and DLF Promenade

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

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Lynda Kelly
Suominen Corporation

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

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Yash P. Kotak
Bombay Hemp Company

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

Wendell Rodricks
Wendell Rodricks

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

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:
July 2017

July 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