Jan. 22nd, 2017-PTA Prices are in a Stalemate in Domestic Market

Today PTA prices increase slightly in spot market. The quotations are about 5,300-5,350 Yuan/ton in domestic market. The transaction prices focus on 5,200-5,270 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.