Jan. 20th, 2016-PTA Price Centre is in a Stalemate in Domestic Market

168tex News:Today PTA price centre is in a stalemate in domestic market. The quotation is around 4,130-4,140 Yuan/ton, the counter offer is about 4,100 Yuan/ton, the discussion price is in a stalemate and the trading atmosphere is weak in the market. The PET manufacturers are holding wait-and-see mood. In Yisheng Petrochemical, the spot price by cash of standard port declined 50 Yuan/ton to 4,750 Yuan/ton in domestic market, while the quotation declined 10 dollars/ton to 710 dollars/ton in overseas market. Besides, in Hengli Petrochemical, the quotation of PTA in standard port was about 730 dollars than last day.