Nov. 5th, 2018-PTA Prices are in a Stalemate in Domestic Market

Today PTA prices are in a stalemate in spot market. The quotations are around 7,180-7,230 Yuan/ton in domestic market. The transaction prices are around 7,050-7,130 Yuan/ton. In Yisheng Petrochemical, the spot price by cash of standard port is 7,300 Yuan/ton in domestic market, while the quotation is 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.