June 7th, 2011 Daily Review on Polyester Prices
Author: Emma Jun 07, 2011 16:57
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Upstream Market: Ended by 2 pm, June 7, the futures price of WTI (West Texas Intermediate) delivered by July is quoted 98.69 dollars, decreased 0.41 dollars and traded 8429 hands; it is quoted 99.20 dollars per barrel for the August WTI price and traded 3569 hands. On June 6, Asian PX price decreased 3 dollars to 1439 dollars/ton FOB Korean and European PX price decreased 40 cents to 1480 dollars/ton FOB Rotterdam.
PTA: Today, the PTA price in abroad spot market decreased. The offering of Taiwan cargo slid to 1215-1220 dollars/ton on market and the offering of Korean goods is around 1205 dollars/ton. The domestic market is comparatively steady. The suppliers quoted PTA price for 9650-9700 Yuan/ton. The trading atmosphere in both markets is mild and the practical negotiation is rare.
MEG: The MEG import market is temporarily steady today. The offering of ship loaded goods on market is around 1200 dollars/ton. The domestic market is stable and the leading negotiated price is around 9250 Yuan/ton.
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Editor: qjydavid From: 168Tex.com
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