May 9th, 2017-PTA Prices Continue to be Weak in Domestic Market

Today PTA prices continue to be weak in spot market. The quotations decrease to 4,720-4,770 Yuan/ton in domestic market. The transaction price declines to 4,670-4,700 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.