2010-12-29
PTA |
|
Offers |
Traded Price |
China domestic (yuan/mt) |
9800-9850 |
9750-9800 |
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) |
8650 |
8580-8630 |
Import market($/mt CFR China L/C 90 days) |
1100-1105 |
1095-1100 |
PTA PTA offers slightly reduce to 9850-9900yuan/mt in China domestic market and the traded prices keep at 9800-9830yuan/mt. one deal of goods is done at 9830yuan/mt, while the other is concluded a little higher at 9850yuan/mt. It is also heard offers for China-made PTA at 9800yuan/mt in Zhejiang.
MEG Domestic MEG market presents quiet with offers at around 8650yuan/mt and a few at 8600yuan/mt. Buyers mainly wait and see, and the talking prices may be at 8600yuan/mt or lower. In import market, offers are rare with a few at $1105-1110yuan/mt. Buyers hold wait-and-see stances and there are limited deep sea ship cargos. The market atmosphere is weak and the discussing prices may be at $1095-1100yuan/mt.
$1=CNY6.62
source:CCFGroup.com
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