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2010-11-29
| PTA |
| |
Offers |
Traded Price |
| China domestic (yuan/mt) |
9250 |
9150-9200 |
| Taiwan origin PTA($/mt CIF China L/C 90 days) |
1150-1160 |
- |
| Korea origin PTA($/mt CIF China L/C 90 days) |
1135-1140 |
- |
| MEG |
| |
Offers |
Traded Price |
| China domestic(yuan/mt) |
7900-7950 |
7850-7900 |
| Import market($/mt CFR China L/C 90 days) |
- |
995-1000 |
PTA
PTA market is calm this morning. A few offers are heard at 9250yuan/mt and bids at 9100-9150yuan/mt. The deals are discussed at 9200yuan/mt.A few Taiwan origin goods are offered at $1150-1160/mt and Korea goods are offered at $1135-1140/mt. No transactions are heard as the buyers mostly keep sidelined.
MEG
MEG market is quiet this morning. A few traders intend to sell at $1000/mt or lower, but the bids are still as low as $970-980/mt. In China domestic market, the offers for some small lots are at 7900yuan/mt, and the inquiries are at 7800yuan/mt. Most traders show little interest in offering. The transaction is in standstill.
$1=CNY6.67
source:CCFGroup.com
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