July 29, 2011- The PTA Price Is Weak In Overseas Market

Today, the PTA price goes weak in overseas market. Suppliers of Taiwan cargo quoted 1220-1225 dollars/ton. The downstream bidding price is around 1210 dollars/ton, while the practical discussions are around 1210-1215 dollars/ton. The quotations of Korean cargo are around 1210 dollars/ton. The downstream bidding price is around 1195 dollars/ton and the practical discussions are around 1200 dollars/ton.