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2010-12-27
| PTA |
| |
Offers |
Traded Price |
| China domestic (yuan/mt) |
9900 |
9800 |
| Taiwan origin PTA($/mt CIF China L/C 90 days) |
1240 |
1220-1230 |
| Korea origin PTA($/mt CIF China L/C 90 days) |
1220 |
1210 |
| MEG |
| |
Offers |
Traded Price |
| China domestic(yuan/mt) |
8650-8700 |
8600-8630 |
| Import market($/mt CFR China L/C 90 days) |
1105 |
1095-1100 |
PTA
PTA market firms this morning, although the offers are rare. A few Taiwan origin goods are quoted at $1240/mt, and some buyers inquire with bids at $1220/mt. In China domestic market, the offers increase to 9900yuan/mt and some traders bid at 9800yuan/mt. The transactions are largely done at around 9800yuan/mt.
MEG
Domestic MEG market presents quiet with a few offers at 8700yuan/mt and some bids at 8600yuan/mt from traders. The transaction prices may be discussed at 8600-8650yuan/mt. In import market, offers are rare and a few at $1110/mt. Buyers hold wait-and-see stances and transaction prices may be talked at $1100/mt or higher. It is said that a deal is concluded at $1100/mt.
$1=CNY6.63
source:CCFGroup.com
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