Aug. 17th, 2017-PTA Prices Decline first then Climb in Domestic Market

Today PTA prices decline first then climb in spot market. The quotations up to 5,120-5,170 Yuan/ton in domestic market. The transaction prices are around 5,090-5,110 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.