Home / Knowledge / News / Textiles / PTA surges at Zhengzhou commodity exchange
PTA surges at Zhengzhou commodity exchange
13
Oct '10
The main PTA contract 1101 at Zhengzhou Commodity Exchange opened at 8540 on October 12, and moved all the way higher during the session and finally closed at 8640 Yuan per ton, to realize an increase of 280 points, from the previous day. During the day, the contact touched an intraday low of 8452.

PTA maintained increasing trend in East China, offers from sellers rose to 8200-8300 Yuan / ton; however buyers were looking in the range of 8150-8200 Yuan / ton, transactions were moderate.

PTA import market was flat, trade atmosphere looked dull, offers for Taiwan stock were around US $1,000 / ton, and actual negotiations were around $985-990 / ton, sellers appeared to be reluctant sellers, transactions were scarce. Offers for South Korean stock stood at around $980 / ton, actually negotiated price was around $975 / ton.

The price of semi-dull chip stocks was 10,750 Yuan / ton, (to be delivered to buyers with 3 months acceptance), mainstream price was 10600-10650 Yuan / ton (payment in cash).

The price of bright chip stocks was 10,600 Yuan / ton, to be delivered to buyers with 3-months acceptance, mainstream price was 10550 Yuan / ton with payment in cash.

Spot price of CDP chips was 11,500 Yuan / ton, to be delivered to buyers with six-month acceptance. Transaction price of PET bottle chips was 10,600 Yuan / ton.

Trade volume of polyester chips was small. Market focus of polyester staple fiber moved higher, market price was 12,800 Yuan / ton. Price of viscose staple fiber rose to 21,000 Yuan / ton.

Fibre2fashion News Desk - China


Must ReadView All

Textiles | On 22nd Jun 2017

Zund unveils cradle feeder roll-feed system for fabrics

Zund Systemtechnik AG, Switzerland’s textile machinery firm that...

Textiles | On 22nd Jun 2017

Hpfabrics opening production facility in Forsyth County

Hpfabrics, manufacturer of raw fabrics, is opening a new production...

Courtesy: Napapijri

Apparel/Garments | On 22nd Jun 2017

Napapijri's Superlight Parka is free of fur and down

Napapijri has introduced the new Superlight Parka, a new lightweight...

Interviews View All

Sonia Agarwal
Whitenife

‘The terms eco-friendly and organic are common but everyone perceives them ...

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Eamonn Tighe
Nature Works LLC

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

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Jay Ramrakhiani
Occasions Elegance Wear

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

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

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:
June 2017

June 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