Feb. 23rd, 2016-PTA Price Declines in Domestic Market

168tex News:Today PTA prices decline slightly in domestic market. The leading quotation is about 4,330 Yuan/ton. And the counter offer is about 4,300 Yuan/ton. The actual negotiating price is about this level or above. There are few actual transaction in the market. 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.