PTA futures open flat

0 Comment(s)Print E-mail Xinhua, May 07, 2019
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ZHENGZHOU, May 7 (Xinhua) -- PTA (purified terephthalic acid) futures opened flat Tuesday in early trading on the Zhengzhou Commodity Exchange (ZCE).

The most active PTA contract for September delivery opened at 5,860 yuan (870.16 U.S. dollars) per tonne.

As the world's largest producer and consumer of PTA, China listed PTA futures on the ZCE in 2006 and opened their trading 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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