Nov. 2nd, 2018-PTA Prices Decline Weakly in Domestic Market

Today PTA prices decline weakly in spot market. The quotations are around 7,180-7,230 Yuan/ton in domestic market. The transaction prices decline to 7,050-7,130 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 declined 200 Yuan/ton to 7,800 Yuan/ton in domestic market, while the selling rate was about 1000 dollars/ton in overseas market.