Home / Knowledge / News / Textiles / Weak trends continue in PTA spot markets

Weak trends continue in PTA spot markets

02
Jul '10
In the current week, PTA spot market continued its weak trend; offers for domestic supply were around 7,050 Yuan/ ton, while those for overseas supply were around US $855/ ton. Transaction sentiment in MEG market was moderate; offers for domestic supply were around 5,850 Yuan and for overseas supply were around $700/ ton.

Sinopec Group introduced settlement price of polyester chips for June contract. Price of semi-dull chips was at 9,300 Yuan / ton, price of bright chips and industrial yarn slices was at 9,350 Yuan / ton, film level slice was at 9,400 Yuan / ton and price of dull chips was at 10,100 Yuan / ton.

Sinopec Group introduced pre- offers of polyester chips for July contract, price of semi-dull chips was at 9,500 Yuan / ton, price of bright chips and industrial yarn slices was at 9,600 Yuan / ton, price of film level chips was at 9,650 Yuan / ton and price of dull chips was at 10,300 Yuan / ton.

Polyester chips market was based on a smooth correction and dominated by waiting and watch attitude and mainstream offers in the market was around 9,300 Yuan/ ton.

Fibre2fashion News Desk - China


Must ReadView All

Pic: Shutterstock

Apparel/Garments | On 1st Apr 2020

Indian ministry asks over 10 manufacturers to produce PPE

The Indian health ministry has asked over 10 domestic manufacturers...

Pic: Shutterstock

Apparel/Garments | On 1st Apr 2020

Five more brands not to cancel export orders to Bangladesh

Five more global fashion brands-three European and two North...

Pic: Venturelli Luca / Shutterstock.com

Retail | On 1st Apr 2020

H&M to take goods already manufactured, assures suppliers

Swedish retail giant H&M recently assured its garment suppliers of...

Interviews View All

Sunil Kumar Sharma, Loknayak JPNSSSG Ltd

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Headhonchos, Indian textile value chain

Headhonchos
Indian textile value chain

Adopt innovative techniques, go for automisation rather than being...

Textile industry, Head honchos

Textile industry
Head honchos

Clothes are no more bound by gender

Kalai Selvi,

Kalai Selvi

Vidyashilp Academy in Bengaluru is the country's first Fairtrade School....

Sarah Perkins,

Sarah Perkins

Fairfax, Virginia-based Specialty Graphic Imaging Association (SGIA) is a...

Sham Shah,

Sham Shah

Shamal and Shamal Pvt Ltd is into manufacturing and sales of textile...

Asif Rahman, MIP

Asif Rahman
MIP

MIP is a manufacturer and distributor of high-performance textiles and...

Daniel Kaye, RocketLife

Daniel Kaye
RocketLife

<div>RocketLife, an award-winning developer of breakthrough visual...

Alfonso Marra, Klopman

Alfonso Marra
Klopman

It was in 1968 that Klopman introduced the concept of poly/cotton workwear ...

Tony Ward, Tony Ward

Tony Ward
Tony Ward

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

Aditi Somani, Aditi Somani

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Sandeep and Sarah Shaikh Gonsalves, SS Homme

Sandeep and Sarah Shaikh Gonsalves
SS Homme

SS Homme celebrates the craft of traditional tailoring through the bespoke ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


March 2020

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search