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Chinese PTA trends fall below benchmark level
May '11
In Chinese domestic market, PTA price stood around RMB 9550 / ton. PTA imported from Taiwanese market was offered in the range of US$ 1200/ton to US$ 1210/ton where as counter offers mainly hovered in the range of US$ 1180/ton to US$ 1190/ton.

PTA imported from Korean market was mainly assessed around US$ 1195/ton to US$ 1200/ton where as transactions were done in the range of US$ 1190/ton to US$ 1195/ton.

Counter offers for Korean goods touched the level of US$ 1185/ton but sellers did not accept offers below US$ 1190/ton.

Fibre2fashion News Desk

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