Spot market conditions of PTA imports remained subdued and trading atmosphere was under slight stalemate.
Cargo holders offered at around US $1275-1280 / ton for Taiwan goods, downstream inquires were at around US $1255/ ton: actually negotiated price was near US $1260-1,265 / ton.
Offers for South Korean stock stood at US $1,250 / ton, downstream bids were around US $1240/ ton, and actually negotiated price was US $1245 / ton.
PTA market conditions were temporarily stable in North China on August 22, cargo holders offered cargo at about 9,900-9,950 Yuan / ton, downstream bids were around 9,800-9,850 Yuan / ton, and actually negotiated price was around 9,850-9,900 Yuan / ton.
Market trading atmosphere appeared flat, actual negotiations were moderate.
Domestic market price of PTA was flat in East China, cargo holders offered at about 9,900-9,950 Yuan / ton, downstream bids were around 9,800-9,850 Yuan / ton; actually negotiated price was around 9,850-9,900 Yuan / ton.
Market trading atmosphere appeared bland, actual discussion was limited.
Fibre2fashion News Desk - China
marketing@alchempro.com
