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Sporadic offers in PTA spot import market
31
Dec '10
PTA market conditions were flat in North China on December 30, mainstream offers in the market were about 9850-9900 Yuan / ton, inquiries from downstream sector were limited, actual negotiation was still around 9,850 Yuan / ton, transaction atmosphere was moderate, actual negotiation was light.

PTA market conditions were light in East China, mainstream market offers were around 9800-9850 Yuan / ton, counteroffer from downstream sector was 9700 Yuan / ton, actual discussion price fell to 9,750 Yuan / ton, trading atmosphere entered stalemate, and actual negotiation was scarce.

Holders in spot market of PTA imports were reluctant sellers at low price, sporadic offers for Taiwan's bonded goods and cargo were US $1230-1250 / ton, actually negotiated prices were US $1220-1225 / ton, offer for South Korea's bonded goods was US $1215 / ton, but, actual negotiation was around US $1205-1210/ ton.

Fibre2fashion News Desk - China

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