Nov. 7th, 2018-PTA Prices are Weak in Domestic Market

Today PTA prices are weak in spot market. The quotations are around 6,980-7,030 Yuan/ton in domestic market. The transaction prices are around 6,850-6,930 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 970 dollars/ton in overseas market. Besides, in Hengli Petrochemical, the quotation of PTA in standard port is 7,800 Yuan/ton in domestic market, while the selling rate is about 1000 dollars/ton in overseas market.