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

Apparel/Garments | On 23rd Sep 2017

AAFA urges negotiators to preserve TPLs in NAFTA

The American Apparel & Footwear Association (AAFA), an alliance of...

Textiles | On 23rd Sep 2017

SIMA urges Centre to re-look duty drawback rates

he Southern India Mills’ Association (SIMA) has appealed to the...

Textiles | On 23rd Sep 2017

PKR 690.65-mn budget for Pakistan Cotton Committee

The Pakistan Central Cotton Committee (PCCC) recently approved a PKR...

Interviews View All

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Steve Cole
Xerium Technologies

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

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

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

September 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


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