Asian PTA markers were down US$3 a ton CFR China and CFR Southeast Asia in the last week of July. In China, offers fell gradually to below US$610 a ton, and counter offers fell below US$600 a ton, with discussions stalemated.
Yisheng Petrochemical’s offer were at US$610-615 a ton while Hengli Petrochemical issued self-lifting offer were at US$630-640 a ton.
In Shengze, offers for 32s polyester yarn were up US cents 14 a kg in the third week of July, and 45s were up US cents 17 a kg on the week. In Qiangqing, offers for 32s weaving rose US cents 12 a kg during the week.
Spun polyester yarn offers were raised in China somewhat with 32s and 45s seeing rise of US cents 14-17 a kg on the week, with the latter seeing moderate sales.
In Fujian, as spun yarn mills joined to pull up offers, together with an increase in PSF price, the selling prices of spun polyester yarns also moved up that week.
Asian PTA was assessed up US$2 a ton CFR China and CFR Southeast Asia in the third week of July. In China, offers were maintained at US$620 a ton throughout that week, with buying ideas around US$610 a ton. PTA spot supply was not abundant, and selling ideas on warehouse receipts slipped early that week.
Purified terephthalic acid prices were assessed marginally up on the week in Asian markets amid better domestic demand in China. Hengli will shut its 2.2 million ton a year PTA plant while Hanbang will restart its similar capacity plant soon.
Asian PTA markers, fell US$6 a ton CFR China and down US$5 a ton CFR Southeast Asia in the first week of July. In China, offers for nearby-month goods weakened, and counter offers were stalemated. Yisheng Petrochemical dropped offer by US$5 a ton while Hengli Petrochemical issued self-lifting offer for bonded cargoes at Chinese main ports were also down US$5 a ton.
Asian PTA marker, the CFR China rose US$1 a ton CFR China and up US$7 a ton CFR Southeast Asia in the last week of June. In China, offers for nearby-month goods were at US$640 a ton, and counter offers were below US$620 a ton.
Asian PTA markers rose US$2 a ton CFR China and up US$1 a ton CFR Southeast Asia in the fourth week of June. Purified terephthalic acid prices were slightly up that week as G20 summit caused uncertainty about shutdowns. Upstream paraxylene cost also sobered significantly providing good margins to PTA makers.
Asian PTA marker, the CFR China rose US$2 a ton in the third week of June while CFR Southeast Asia was up US$1 a ton on the week.
Yisheng Petrochemical kept list price for PTA at US$615-618 a ton while Hengli Petrochemical maintained its self-lifting offer at US$635 a ton.
Purified terephthalic acid prices were slightly up that week as G20 summit caused uncertainty about shutdowns. Upstream paraxylene cost also sobered significantly providing good margins to PTA makers.
Asian PTA marker was up US$4 a ton CFR China while the CFR Southeast Asia in the second week of June. In China, offers for nearby-month goods were maintained at US$615-620 a ton, and buying interest was mute.
Purified terephthalic acid prices firmed up in Asian markets amid rising feedstock price and expected supply cuts. China's OPSC will remain shut during G20 summit while Hanbang will shut plants late June.
Asian PTA marker was up US$3 a ton CFR China in the first week of June. In China, offers for bonded goods were pegged at US$610 a ton, and bids at US$595‐600 a ton amid thin liquidity. Yisheng Petrochemical list price for PTA was up US$3 a ton on the week.
Purified terephthalic acid prices recovered somewhat that week in Asian markets gaining on Tuesday and weekend as markets remained mixed with China still weak.
In India, demand was heard fading and prices were assessed lower as Reliance Industries Ltd. restarted its plant.
Asian PTA marker was down US$3 a ton CFR China in the last week of May. The CFR Southeast Asia was assessed flat from last week, while CFR India was up US$2 a ton on the week.
In China, offers for bonded goods dropped to US$600‐605 a ton, with bids on the either sides of US$590 a ton.
Purified terephthalic acid markets were mixed in Asia with weak prices in China while India remained firm and CFR Southeast Asia assessed flat from last week.
