Jan. 23th, 2017-PTA Prices were in Consolidation in Domestic Market Last Week

PTA prices were in consolidation in domestic market last week. Although the quotation of PTA futures dramatically increased to 170-175 Yuan/ton,the marg margin of whole center was between 50 Yuan/ton. The prices were around 5,275-5,290 Yuan/ton except in Monday. On last Friday, The quotation basis in spot market was around 165-170 Yuan/ton, the transaction prices were around 5,275-5,344 Yuan/ton.