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2010-12-28
| PTA |
| |
Offers |
Traded Price |
| China domestic (yuan/mt) |
10000 |
9900 |
| Taiwan origin PTA($/mt CIF China L/C 90 days) |
1240 |
1230 |
| Korea origin PTA($/mt CIF China L/C 90 days) |
1220 |
1215 |
| MEG |
| |
Offers |
Traded Price |
| China domestic(yuan/mt) |
8700-8750 |
8650-8700 |
| Import market($/mt CFR China L/C 90 days) |
1105-1110 |
1100-1105 |
PTA
PTA market is quiet this morning and the prices are largely maintained. Taiwan origin goods are quoted at $1240/mt, while Korea goods are offered at $1220/mt. In China domestic market, the offers increased to 1000yuan/mt and some traded prices are assessed at 9900yuan/mt.
MEG
Offers for MEG in domestic market keep stable at around 8750yuan/mt. Offers for large volumes are rare and may be at 8670-8700yuan/mt while offers for small volumes are at around 8700yuan/mt. Although some polyester plants enquire, the offers are mainly taken by traders. In import market, offers increase somehow, which are mainly for cargos delivered to port at $1105-1110/mt while bids are at $1100/mt lower. Suppliers show little interest to sell goods at low prices and transaction prices may be discussed at around $1100/mt. Recently there are a number of cargos delivered to port.
$1=CNY6.63
source:CCFGroup.com
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