October 9, 2011- PTA Price Increased in Overseas Market

Today, PTA price increased in overseas market. The quotation of Taiwan cargo is around 1220-1240 dollars/ton. The downstream inquiry is around 1200 Yuan/ton and the practical discussions are around 1215-1220 dollars/ton. The Korean goods are quoted around 1210 dollars/ton. The downstream bidding price is around 1180 dollars/ton and the practical discussions are around 1180-1190 dollars/ton.