Nov. 1st, 2018-PTA Prices are in a Stalemate in Domestic Market

Today PTA prices are in a stalemate in spot market. The quotations are around 7,280-7,330 Yuan/ton in domestic market. The transaction prices are around 7,150-7,230 Yuan/ton. In Yisheng Petrochemical, the spot price by cash of standard port declined 100 Yuan/ton to 7,400 Yuan/ton in domestic market, while the quotation declined 10 dollars/ton to 980 dollars/ton in overseas market. Besides, in Hengli Petrochemical, the quotation of PTA in standard port was about 8000 Yuan/ton in domestic market, while the selling rate was about 1020 dollars/ton in overseas market.