Jan. 16th, 2017-PTA Prices are in a Stalemate in Domestic Market

Today PTA prices are in a stalemate in spot market. The quotations are around 5,330-5,380 Yuan/ton in domestic market. The transaction prices are around 5,230-5,300 Yuan/ton. 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.