Chinese PTA spot market in cautious mode

The purified terephthalic acid (PTA) spot market in China exhibited more caution and the market appeared to be in a wait-and-watch situation.

 

The purified terephthalic acid (PTA) spot market in China exhibited more caution and the market appeared to be #

In East China, sporadic offers for PTA were around 8,200 Yuan/ton on August 28, while bids from downstream manufacturers were for price of around 8,100 Yuan/ton. Negotiations centred on 8,150 Yuan/ton.

 

The purified terephthalic acid (PTA) spot market in China exhibited more caution and the market appeared to be #

Spot market of PTA imports in China was also light on August 28. For Taiwan goods, market offers were in the range of US$ 1,055-1,060/ton. Downstream sector buyers showed interest in purchasing at US$ 1,040/ton, and actual negotiations were held for price of US$ 1,045/ton.

 

The purified terephthalic acid (PTA) spot market in China exhibited more caution and the market appeared to be #

For Korean stock, market offers were in the range of US$ 1,045-1,050/ton, while buyers bid for price of around US$ 1,030/ton, and few actual negotiations took place at about US$ 1,035/ton.

 

The purified terephthalic acid (PTA) spot market in China exhibited more caution and the market appeared to be #