Home breadcru News breadcru Raw Materials breadcru PTA spot market in stalemate

PTA spot market in stalemate

29 May '09
1 min read

In recent days, there is very less activity in spot markets of PTA imports and it seems to be a position of stalemate in China.

Sellers of PTA are quoting at US $830-840 per ton, while buyers are making counter offers at only $820 per ton.

A few traders increased their offers to $825 per ton, but since the gap is still $5 per ton, so no transaction reports are being reported.

Fibre2fashion News Desk - China

Get Free Weekly Market Insights Newsletter

Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!