Asian PTA markers edged down US$5-7 a ton CFR China and CFR Southeast in the first week of January. CFR India also slipped to US$584 a ton.
In China, sellers were unwilling to sell goods at below US$580 a ton in the second half of the week due to high costs, and buying ideas were maintained at US$550-560 a ton.
Yisheng Petrochemical’s cash-based prices ranged between US$562-579 a ton while Hengli Petrochemical issued self-lifting offers at US$595-610 a ton.
Asian PTA markers edged down US$1 a ton CFR China and CFR Southeast in the last week of December 2015. CFR India also slipped US$1 a ton on the week.
In China, sellers showed low interest at US$580 a ton, while buyers were reluctant to buy goods at above US$550-555 a ton.
Yisheng Petrochemical’s offers were at US$574 a ton while Hengli Petrochemical issued self-lifting offers at US$605-610 a ton.
Purified terephthalic acid prices were stable weekend but edged down on the week, tracking the price movement in Northeast Asia.
Asian PTA markers lost US$5 a ton CFR China in the first week of December.
In China, sellers showed no interest at cargoes priced below US$600 a ton, and buyers bid at below US$600 a ton. Offers for bonded cargoes were at above US$600 a ton.
Yisheng Petrochemical’s offers were at US$601-604 a ton through the week while Hengli Petrochemical issued self-lifting offers in the range of US$620-625 a ton.
Purified terephthalic acid prices slipped in Asian markets on bearish sentiment and thin trading.
Asian PTA markers gained US$4 a ton CFR China in the last week of November.
In China, trading values of bonded cargoes were up US$3 a ton. Selling ideas picked up from US$600 a ton to US$615 a ton.
Yisheng Petrochemical’s offers were at US$602-605 a ton through the week while Hengli Petrochemical issued self-lifting offers in the range of US$625-630 a ton.
Purified terephthalic acid prices in Asian markets edged up on end-user and producer buying interest.
Asian PTA markers fell US$6 a ton CFR China and Southeast CFR in the third week of November.
In China, a few cargoes changed hands at US$592-598 a ton, with discussions above US$600 a ton.
Yisheng Petrochemical’s offers were pegged at US$592-603 a ton through the week while Hengli Petrochemical issued self-lifting offers in the range of US$620-630 a ton.
Purified terephthalic acid prices slipped in Asian market on bearish sentiment and thin trading.
Asian PTA marker fell US$3 a ton CFR China and Southeast CFR in the second week of November.
In China, selling indications for cargoes held steady at above US$600 a ton throughout the week with discussions slipping to US$600-605 a ton from US$610 a ton earlier in the week.
Yisheng Petrochemical’s offers were pegged at US$640 a ton throughout this week while Hengli Petrochemical issued self-lifting offers in the range of US$635-640 a ton.
Purified terephthalic acid prices slipped in Asian markets amid bearish sentiment and thin trading.
In the first week of November, Asian PTA marker partially regained US$9 a ton both CFR China and Southeast CFR.
In China, suppliers kept offers unchanged, and sellers held back selling interest at below US$600 a ton.
Yisheng Petrochemical kept daily cash-based price for PTA unchanged at US$640 a ton while Hengli Petrochemical issued self-lifting offers at US$630-635 a ton.
Purified terephthalic acid prices rose in Asian markets that week to end at a two-week high as plant shutdowns limited availability while rebound was seen as limited amid weakness downstream.
Asian PTA prices regained US$12 a ton CFR China in the fourth week of October.
In China, suppliers kept offers at US$620-640 a ton, and buyers pegged counter offers at US$590-600 a ton.
Yisheng Petrochemical issued daily cash-based price for PTA up US$10 to US$640 a ton, with no enquiries for arrived or to-arrive-at-port cargoes for the moment.
Hengli Petrochemical issued self-lifting offer for bonded cargoes on one-day trip at Chinese main ports at US$630 a ton.
Asian PTA prices moderated US$12 a ton CFR China in the third week of October.
In China, suppliers kept offers at US$620-640 a ton, and buyers pegged counter offers at US$590-600 a ton.
Some deals concluded at US$600-610 a ton, midweek.
Yisheng Petrochemical’s cash-based prices for this week were in the range of US$630-640 a ton, while Hengli Petrochem issued self-lifting offers in the range of US$640-645 a ton.
Asian purified terephthalic acid markets, which had firmed up after the National Day holiday in China, saw prices down in that week.
Asian PTA markers inched up US$2 a ton CFR China in the last week of September.
In China, potential negotiations were pegged at US$575-580 a ton.
Yisheng Petrochemical cut its price for PTA by US$10 ton, but no enquiries on the week. Hengli Petrochemical issued self-lifting offers at US$620 a ton.
Purified terephthalic acid prices edged up this week amid thin trading and weak polyester demand.
However, operating rates at several downstream PET and polyester plants in China had reportedly improved but this did not led to significant demand for spot or prompt cargoes.
