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Buying interest dull for imported PTA
Jan '11
Market conditions of PTA were steady in North China on January 4, mainstream offers were 9950 Yuan / ton, buying interest of downstream buyers subdued, sporadic talks were around 9900 Yuan / ton, transaction atmosphere was dull, actual negotiations were limited.

PTA market was calm in East China, investors gradually returned, holders were mostly watching and waiting, downstream inquiries were light, sporadic offers were around 9,950 Yuan / ton, downstream counteroffers were 9800/ ton, actual negotiations were around 9850-9900 Yuan / ton.

Buying interest of PTA cargo was dull in import market, sporadic offers for Taiwan bonded goods and cargo were around US $1240 / ton, actually negotiated prices were US $1230-1235 / ton.

Offers for bonded goods of South Korea were US $1220/ ton, actual negotiation was around US $1,215 / ton, festive atmosphere appeared thick in the market, actual negotiation was scarce.

Fibre2fashion News Desk - China

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