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2010-11-2
| PTA |
| |
Offers |
Traded Price |
| China domestic (yuan/mt) |
8650 |
8600-8630 |
| Taiwan origin PTA($/mt CIF China L/C 90 days) |
1080 |
1070-1075 |
| Korea origin PTA($/mt CIF China L/C 90 days) |
1065 |
1057-1060 |
| MEG |
| |
Offers |
Traded Price |
| China domestic(yuan/mt) |
7750-7800 |
7740-7750 |
| Import market($/mt CFR China L/C 90 days) |
980 |
970-980 |
PTA
PTA market is stable this morning. Korea-origin cargoes are offered at $1065/mt and talked at $1057-1060/mt. Taiwan-origin cargoes are in the range of 1070-1080/mt bid/offer.
MEG
In USD market, MEG is offered at $980/mt and talked or done at $970-975/mt. There are many enquiries for later-stage shipments. Some are willing to chase high and deals are heard at $980/mt.
($1=CNY6.69)
source:CCFGroup.com
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