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2010-12-7
| PTA |
| |
Offers |
Traded Price |
| China domestic (yuan/mt) |
9200-9250 |
9150-9180 |
| Taiwan origin PTA($/mt CIF China L/C 90 days) |
1165-1170 |
1150-1155 |
| Korea origin PTA($/mt CIF China L/C 90 days) |
1150 |
1135-1140 |
| MEG |
| |
Offers |
Traded Price |
| China domestic(yuan/mt) |
8200-8250 |
8180-8200 |
| Import market($/mt CFR China L/C 90 days) |
1025-1030 |
1020-1025 |
PTA
PTA futures prices decline this morning, which dampens spot market sentiment. The offers are lower at 9250yuan/mt with some firm offer at 9200yuan/mt. The buyers keep sidelined with bids at 9100yuan/mt. In import market, Taiwan origin goods are offered lower at $1165-1170/mt, while the polyester producers bid at $1150/mt or lower.
MEG
MEG market weakens this morning. The ship cargoes are offered at $1025-1030/mt, but the buyers are inactive with bids at $1015/mt. The deals are discussed at $1020/mt. In China domestic market, the offers are at 8250yuan/mt and the bids are at 8200yuan/mt. One deal was said done at 8200yuan/mt yesterday afternoon.
$1=CNY6.66
source:CCFGroup.com
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