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Spot market of PTA imports appears light
08
Jun '11
Spot market of PTA imports appeared light, market offers for Taiwan goods declined to about US $1215-1220 / ton, downstream inquires were around $1205 / ton, actually negotiated price was around $1210-1215 / ton.

Offers for South Korea's cargo were around $1205 / ton, downstream bids were around $1,195 / ton; actually negotiated price was around $1200 / ton, trading atmosphere was light, actual negotiation looked scarce.

PTA market in North China was plain on June 7, mainstream offers temporarily stabilized at about 9700 Yuan / ton, some inquiries were around 9550-9600/ ton, actually negotiated price was around 9650 Yuan / ton, trading atmosphere and actual discussion was light.

PTA market in East China was stable. Offers from cargo holders were around 9650-9700 Yuan / ton, downstream bids were around 9550 Yuan / ton, actually negotiated price focused on 9600-9650 Yuan / ton, trading atmosphere looked plain, practical talk was light.

Fibre2fashion News Desk - China

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