Jun. 1st, 2017-PTA Prices Follow the Downtrend in Domestic Market

Today PTA prices follow the downtrend in spot market. The quotations focus on 4,700-4,750 Yuan/ton in domestic market. The transaction price declines to 4,650-4,680 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.