Nov. 21st, 2018-PTA Prices are Weak in Domestic Market

Today PTA prices are weak in spot market. The quotations are around 6,730-6,800 Yuan/ton in domestic market. The transaction prices are around 6,600-6,680 Yuan/ton. The trading atmosphere is general. In Yisheng Petrochemical, the spot price by cash of standard port declines 300 Yuan/ton to 6,500 Yuan/ton in domestic market, while the quotation declines 15 dollars to 930 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 880 dollars/ton in overseas market.