Dec. 17th, 2018-PTA Prices Increase Strongly in Domestic Market

Today PTA prices increase strongly in spot market. The quotations are around 6,780-6,870 Yuan/ton in domestic market. The transaction prices are around 6,670-6,750 Yuan/ton. The trading atmosphere is general. In Yisheng Petrochemical, the spot price by cash of standard port are 6,700 Yuan/ton in domestic market, while the quotation remains at 900 dollars/ton in overseas market. Besides, in Hengli Petrochemical, the quotation of PTA in standard port is 7,030 Yuan/ton in domestic market, while the selling rate is about 850 dollars/ton in overseas market.