Home / Knowledge / News / Textiles / Chinese PTA import & domestic trends soften
Chinese PTA import & domestic trends soften
Mar '11
Domestic market conditions of PTA in East China continued to weaken on February 28. Market offers fell to around 11,350 Yuan / ton. Downstream inquiries were around 11,250 Yuan/ ton; actually negotiated price was 11,300 Yuan about / ton.

The market was covered with wait-and-see sentiment and actual negotiation was scarce.

PTA market conditions in North China too softened. Market offers were around 11,600 Yuan / ton, downstream counteroffers were around 11,500 Yuan / ton, and actually negotiated prices were around 11500-11550 Yuan / ton.

Downstream manufacturers were careful towards committing new purchases. The market was covered with strong watching sentiment and actual transaction was scarce.

Spot market of PTA imports too was weak on February 28. Initiative offers were rare in the market, sporadic offers for Taiwanese goods were around US $1470-1480/ ton, downstream counteroffers were below US $1470/ ton, and actually negotiated prices were around US $1470-1475/ ton.

Offers for goods made in South Korea were US $1,460 / ton; downstream counteroffers were around US $1,455 / ton. Holders were reluctant sellers at cheap price, market trade was light, actual negotiations were limited.

Fibre2fashion News Desk - China

Must ReadView All

Textiles | On 22nd Jul 2017

Govt constitutes GST Feedback and Action Room

The Government of India has constituted a Feedback and Action Room...

Textiles | On 22nd Jul 2017

India’s cotton textile exports fell in FY17: Tamta

The overall export of cotton textiles from India declined in 2016-17...

Textiles | On 22nd Jul 2017

Stella McCartney, Bolt Threads partner for eco fashion

Fashion designer Stella McCartney has partnered with Bolt Threads for ...

Interviews View All

C. Dhandayuthapani
Mag Solvics Pvt. Ltd

ITME 2016 exploited our full strength like never before

Yash Maniyar
Rekha Maniyar

Indian fashion market is growing at a staggering rate

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Giorgio Mantovani
Corman S.p.A

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

Jay Ramrakhiani
Occasions Elegance Wear

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

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


July 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

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

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

Yes No

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

Yes No

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

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