Spot market of PTA imports was almost unchanged on December 7, discussing atmosphere turned dull, offers for sporadic bonded goods made in Taiwan were around US $1,180 / ton, actual negotiation level was $1170/ ton.
Offers for bonded goods made in South Korea stood at $1,165 / ton, actual negotiation level was $1,155 price / ton. Market atmosphere was in slight stalemate and firm offers were light.
PTA price in East China increased slightly, holders made offers at 9350-9400 Yuan / ton, while inquiries from downstream market were around 9250-9300 Yuan / ton; actual talking price was reported at 9300-9330 Yuan / ton.
PTA price rose slightly in North China market as being driven by the rise in futures market, market offers slightly rose to 9,400 Yuan / ton, downstream manufacturers were still waiting and seeing. Traders made counteroffers around 9300 Yuan / ton; holders were reluctant sellers, while talking price was around 9300-9360 / ton.
Fibre2fashion News Desk - China
marketing@alchempro.com
