Nov. 12th, 2018-PTA Prices are in a Stalemate in Domestic Market

Today PTA prices are in a stalemate in spot market. The quotations are around 6,880-6,900 Yuan/ton in domestic market. The transaction prices are around 6,750-6,830 Yuan/ton. The trading atmosphere is general. In Yisheng Petrochemical, the spot price by cash of standard port is 7,200 Yuan/ton in domestic market, while the quotation is 960 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 980dollars/ton in overseas market.