The Chinese domestic as well as spot import PTA market was subdued on June 20.
In the domestic PTA market, offers hovered around 7,400 Yuan / ton, bids were for about 7,300 Yuan / ton and actual discussion was for around 7,350 Yuan / ton.
In East China PTA market, cargo holders offered at around 7,350 Yuan / ton, downstream bids were around 7,250 Yuan / ton and negotiation was in the range of 7,250-7,300 Yuan / ton.
In the spot import PTA market, offers for Taiwanese PTA were in the range of US $945-950/ton, bids were for $935-940 / ton and actual discussion was around $940 / ton.
Market offers for Korean goods were about $935 / ton, downstream manufacturers bid around $920/ ton and negotiation was at around $930 / ton.
Fibre2fashion News Desk - China
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