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PTA import prices continue surge
28
Sep '10
PTA import market continued to rise on September 27, sporadic offers for Taiwan stock was around US $950 / ton, actual discussion level was around $940 / ton. Offers for South Korean stock was around $940 / ton, actually negotiated price was around $925-930 / ton, holders were reluctant sellers at low price, and actual negotiations were scarce.

PTA market in North China continued to rise, individual offers increased to around 7850-7900 Yuan / ton, bids gained to 7,800 Yuan / ton, actual negotiation price was around 7800-7850 Yuan / ton, holders were reluctant sellers at low price, market atmosphere looked fair, actual negotiations were scarce, trade volume was small.

PTA market in East China continued to rise, initiative offers from holders were light, sporadic offers were around 7900 Yuan / ton, downstream firms made active inquiries, actually negotiated price was around 7800-7850 Yuan / ton. Holders were reluctant sellers at low price; market atmosphere looked fair, actual negotiations were scarce.

Fibre2fashion News Desk - India

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