PTA futures open flat

0 Comment(s)Print E-mail Xinhua, July 18, 2019
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ZHENGZHOU, July 18 (Xinhua) -- PTA futures opened flat Thursday in daytime trading on the Zhengzhou Commodity Exchange (ZCE).

The most active PTA contract for September delivery opened at 5,896 yuan (about 857 U.S. dollars) per tonne, unchanged from the previous settlement price.

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