Aug. 1st, 2017-PTA Prices are Weak in Domestic Market

Today PTA prices are weak in spot market. The quotations adjust to 5,170-5,220 Yuan/ton in domestic market. The transaction prices decline to 5,140-5,170 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.