Nov. 27th, 2018-PTA Prices are in a Stalemate in Domestic Market

Today PTA prices are in a stalemate in spot market. The quotations are around 6,250-6,320 Yuan/ton in domestic market. The transaction prices are around 6,120-6,200 Yuan/ton. The trading atmosphere is general. In Yisheng Petrochemical, the spot price by cash of standard port declines 100 Yuan/ton to 6,400 Yuan/ton in domestic market, while the quotation declines 10 dollars to 910 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.