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
