PTA futures close higher

0 Comment(s)Print E-mail Xinhua, March 20, 2019
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ZHENGZHOU, March 20 (Xinhua)-- PTA (pure terephthalic acid) futures closed higher Wednesday on the Zhengzhou Commodity Exchange (ZCE).

The most active PTA contract for May delivery gained 12 yuan (1.79 U.S. dollars) to close at 6,334 yuan per tonne.

On Wednesday, ZCE recorded a total of 2,799,658 lots in 10 listed PTA futures contracts with a turnover of 87.36 billion yuan.

As the world's largest producer and consumer of PTA, China listed PTA futures on the ZCE in 2006 and opened to international investors in November 2018.

PTA, a commodity chemical and textile raw material, is a downstream product of petroleum and one of the most important bulk organic raw materials in China. Enditem

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