PTA futures close higher

0 Comment(s)Print E-mail Xinhua, August 12, 2019
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ZHENGZHOU, Aug. 12 (Xinhua) -- PTA futures closed higher Monday on the Zhengzhou Commodity Exchange (ZCE).

The most active PTA contract for September delivery gained 32 yuan (about 4.56 U.S. dollars) to close at 5,218 yuan per tonne.

On Monday, the total trading volume for 10 listed PTA futures contracts on the ZCE was 2,043,514 lots with a turnover of 52.94 billion yuan.

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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